Income From Trust Deed Investments -- How Is It Disbursed?
1. JoffreyLong (818)366-5200www.HowToBuyTrustDeeds.com
Southwest Mortgage provides loan servicing for California trust
deed investments.
• Southwest Mortgage makes initial loan servicing arrangements,
notifies the borrower of the loan payments and loan
requirements, then provides borrower with payment coupons
and other necessary information.
• Monthly or other periodic statements are provided, as well as
“loan principal balance” statements, upon request.
• Monthly income to trust deed investors is disbursed, in
accordance with amount received, and the agreement with the
investor.
HowIsItDisbursed?
IncomefromTrustDeedInvestments:
2. JoffreyLong (818)366-5200www.HowToBuyTrustDeeds.com
HowIsItDisbursed?
• When problems arise, such as a borrower’s failure to pay
insurance premiums or property taxes, or a failure to pay
required monthly installments, Southwest provides required
notices to the borrower, attempts to make arrangements to have
the loan brought current, or in the worst case, commences
collection action, such as foreclosure of the property.
• Southwest Bancorp’s real estate brokerage and loan servicing
trust account is audited by a Certified Public Accountant every 90
days, then provided to the California Bureau of Real Estate for
review. You can request a copy of the most recent quarterly or
annual audited financial report. (See “How Do I Find Good Trust
Deed Investment Companies?” for more information about trust
account auditing and record-keeping policies.)
IncomefromTrustDeedInvestments:
3. JoffreyLong (818)366-5200www.HowToBuyTrustDeeds.com
Formoreinformationabouttrustdeed
investing,pleasevisit:
Or contact Joffrey Long at (818) 366-5200 or
info@asksw.com
Southwest Mortgage, 17045 Chatsworth Street, Granada
Hills, CA 91344-5845
Southwest Mortgage, Licensed Real Estate Broker, license #
00898122, Joffrey Long, Licensed Real Estate Broker #
00525142, California Bureau of Real Estate
There are risks involved with trust deed investing. Please
carefully consider the suitability of this type of investment for
you, or any individual trust deeds for investment when
determining how to invest in trust deeds.
www.HowtoBuyTrustDeeds.com
&
www.TrustDeedInvetmentGlossary.com