Trust™ (with respect to the seller’s applying for another home loan), be viewed by a new lender?
By holding a property in a Square1 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). However, the absence of the standard expenses of maintenance, management and vacancies, coupled with higher than normal rent, oftentimes provides an excellent incentive for a much higher-than-normal “Income-to-Rental-Expense” consideration by the new lender.
