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How would a sellers placing a home into a Title Holding Trust, and then creating an Equity Holding Trust (with respect to the sellers applying for another home loan), be viewed by a new lender?

April 26, 2017creating equity holding Home home loan placing respect Sellers title Trust

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How would a sellers placing a home into a Title Holding Trust, and then creating an Equity Holding Trust (with respect to the sellers applying for another home loan), be viewed by a new lender?

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By holding a property in an Equity Holding Trust, which property is leased to the co-beneficiary, the Settlor beneficiary will be seen by any lender as an “income property” owner (as if he/she were one of two partners in a rental property).