An owner cannot take out a mortgage on a property that he/she does not own. It is rare that a mortgage will be made directly to a trust and even if it is the bank will require proof that the trust belongs to the seller.
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An owner cannot take out a mortgage on a property that he/she does not own.
It is rare that a mortgage will be made directly to a trust and even if it is the bank will require proof that the trust belongs to the seller.