Holding Title in a Trust

As a buyer, you’re allowed to hold title in a trust, but you’ll need to provide your lender with certain documents.

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A client of mine is in the middle of a home purchase and he wants to put the property in a trust. If you ever find yourself in a similar situation, can you hold title in a trust? Today I’m joined by Dave Marzinke of Movement Mortgage to answer this question. You definitely can, but there are a few documents you’ll need to provide to your lender. The first is a copy of the revocable trust. The second is a trust certification of attorney opinion letter. The latter is an outside document that certifies how the trust is set up, who’s a part of it, and how it’s recorded. Also, the certification has to be notarized. You can provide these documents after the offer is accepted if need be.

If you have any more questions about this or any other real estate topic, don’t hesitate to reach out to me. I’d love to help you.