lender that loans based on family trust or partnership.

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Chuck Mixon, Cutler Bay Specialist, GRI, CDPE, BPOR (The Keyes Company)

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Michael Jacobs

Pasadena, CA

Los Angeles Pasadena 818.516.4393

Hi Chuck -- I see you are in Florida --- Mortgage experts John Meussner and Joe Petrowsky are both licensed in your state(as well as others). Either one would be a good choice to ask this question.

Nov 19, 2016 10:30 AM

Upvote

5

John Meussner

Fair Oaks, CA
Tony and Suzanne Marri...

Scottsdale, AZ
Debe Maxwell, CRS

Charlotte, NC
Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Ambassador
3,210,188

Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate

I highly recommend you contact Joe Petrowsky - if it can be done ... Joe can do it. I wish you all the best!!

Nov 19, 2016 12:09 PM

Upvote

3

Debe Maxwell, CRS

Charlotte, NC
Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Rainmaker
5,770,641

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Chuck,

What Michael Jacobs recommended, and I agree with him. A

Nov 20, 2016 01:19 PM

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2

John Meussner

Fair Oaks, CA
Michael Jacobs

Pasadena, CA

Rainmaker
1,456,742

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

I second Michael Jacobs response

Nov 20, 2016 09:05 AM

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2

John Meussner

Fair Oaks, CA
Michael Jacobs

Pasadena, CA

Ambassador
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Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

Are you looking for a lender? As Michael Jacobs said we have some great ones here in the Rain.

Nov 20, 2016 04:43 AM

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2

John Meussner

Fair Oaks, CA
Michael Jacobs

Pasadena, CA

Ambassador
4,758,839

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The right Charlotte REALTOR!

Ask Joe Petrowsky or John Meussner their take on this. Good luck, Chuck Mixon!

Nov 20, 2016 01:15 AM

Upvote

2

John Meussner

Fair Oaks, CA
Michael Jacobs

Pasadena, CA

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Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

I don't think it is all that rare...

Nov 19, 2016 01:54 PM

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2

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Ambassador
4,850,829

Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

You have some good answers below. Good luck!

Nov 19, 2016 11:54 AM

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2

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

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Patricia Kennedy

RLAH Real Estate - Washington, DC

Home in the Capital

I don't think it's that unusual. I think any lender should be able to do this.

Nov 19, 2016 09:52 AM

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2

Nina Hollander, Broker

Charlotte, NC
Michael Jacobs

Pasadena, CA

Ambassador
1,029,904

John Meussner

Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA

#MortgageMadeEasy Fair Oaks, CA 484-680-4852

This is allowable and I'd be happy to help if you still need it (thank you everyone that recommended me : )

As others have mentioned, Trust documents would need to be reviewed should it close in a Trust.

Nov 21, 2016 07:02 AM

Upvote

1

Michael Jacobs

Pasadena, CA

Rainmaker
3,071,039

Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Haven Express @ Keller Williams Arizona Realty

Michael Jacobs nailed this one!

Nov 20, 2016 02:36 AM

Upvote

1

Michael Jacobs

Pasadena, CA

Rainmaker
4,603,187

Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

I see that all the time..most lenders can pull this off.

Nov 19, 2016 11:07 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
19,460

Steve McRory

Pro Option Mtg. 888-662-4404 - Tampa, FL

Mortgage Loan Originator

Yes, start packing for the move! I know 4 banks that allow such flexability, but would have to check on the low loan amount

Nov 19, 2016 10:45 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
4,799,925

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

Sorry, can't help.

Nov 19, 2016 10:02 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
4,785,707

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

Some lenders will shy away from this. Some will do it with a personal guarantee. Consult your local banks!

Nov 19, 2016 09:49 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
4,433,865

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I am sure there are several.

Nov 19, 2016 09:15 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
1,690,354

Sandy Padula & Norm Padula, JD, GRI

HomeSmart Realty West & Florida Realty Investments - , CA

Presence, Persistence & Perseverance

As Patricia Kennedy wrote. Lenders will require Trust Documents with principals to the Trust involved.

Nov 19, 2016 08:59 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
5,581,941

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

should not be an issue with most lenders....

Nov 19, 2016 07:59 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
4,729,220

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Sounds like a basic loan to me. Contact any of your preferred lenders in your area.

Nov 19, 2016 07:33 PM

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1

Roy Kelley

Gaithersburg, MD

Ambassador
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Praful Thakkar

LAER Realty Partners - Andover, MA

Andover, MA: Andover Luxury Homes For Sale

Chuck Mixon - I think this happens - not so often, but it does.

Nov 19, 2016 03:44 PM

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1

Roy Kelley

Gaithersburg, MD

Ambassador
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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Not sure what you are asking for here Chuck, does the buyer have a family member who trusts them for this amount and has the capacity to lend this much?

Nov 19, 2016 01:00 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
1,204,474

Sam Shueh

(408) 425-1601 - San Jose, CA

mba, cdpe, reopro, pe

90% lenders will lend you money for that value. Most brokers will decline because of such small amount. May be credit unions....

Nov 19, 2016 12:57 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
2,224,317

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

I'm sorry I don't have an answer for, but you've come to the right place to find out.

Nov 19, 2016 11:47 AM

Upvote

1

Roy Kelley

Gaithersburg, MD

Ambassador
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Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

Local lender - portfolio loan.

Nov 19, 2016 10:45 AM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
2,143,559

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

Good luck -- I hope you find the right lender!

Nov 19, 2016 10:37 AM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
3,986,056

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

It is all abouit colateral

Nov 19, 2016 10:33 AM

Upvote

1

Roy Kelley

Gaithersburg, MD

Rainmaker
7,306,399

Roy Kelley

Retired - Gaithersburg, MD

If is not unusual for family members to be co-borrowers.

Nov 20, 2016 12:41 AM

Upvote

Rainmaker
1,157,585

FN LN

Toronto, ON

Best wishes on your search.

Nov 19, 2016 12:01 PM

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Hi Chuck -- I see you are in Florida --- Mortgage experts John Meussner and Joe Petrowsky are both licensed in your state(as well as others). Either one would be a good choice to ask this question.
I highly recommend you contact Joe Petrowsky - if it can be done ... Joe can do it. I wish you all the best!!
Chuck,

What Michael Jacobs recommended, and I agree with him. A
Are you looking for a lender? As Michael Jacobs said we have some great ones here in the Rain.
Ask Joe Petrowsky or John Meussner their take on this. Good luck, Chuck Mixon!
I don't think it's that unusual. I think any lender should be able to do this.
This is allowable and I'd be happy to help if you still need it (thank you everyone that recommended me : )

As others have mentioned, Trust documents would need to be reviewed should it close in a Trust.
Yes, start packing for the move! I know 4 banks that allow such flexability, but would have to check on the low loan amount
Some lenders will shy away from this. Some will do it with a personal guarantee. Consult your local banks!
As Patricia Kennedy wrote. Lenders will require Trust Documents with principals to the Trust involved.
Sounds like a basic loan to me. Contact any of your preferred lenders in your area.
Chuck Mixon - I think this happens - not so often, but it does.
Not sure what you are asking for here Chuck, does the buyer have a family member who trusts them for this amount and has the capacity to lend this much?
90% lenders will lend you money for that value. Most brokers will decline because of such small amount. May be credit unions....
I'm sorry I don't have an answer for, but you've come to the right place to find out.