What kind of instrument do I need?

[Mark F.]

I have a mortgage (2.5M) on a residential property located in the state of HI, titled in my personal name. I have enquired with lender about in shifting title to a single member C-Corp, but they don't allow it "Bank's charter does not allow it to purchase or own loans where the borrower is a corporation". ( I'm not interested in opinions on LLC ownership or pass through entities and the various tax advantages of those structures - It has to be a C-corp (but thank you anyway)). What I'm trying to figure out: Is there something that is a legally binding document that the corporation and I could enter into that would show that the property is a corporate asset without being on title and allow me to circumvent title challenge Ive just encountered on transfering the title to the corporation. The document or whatever instrument allows this would ensure that the obligation to pay for the mortgage and expenses (Taxes/utilities/maintenance etc...) falls to the corporation and not myself and would be paid directly by the corporation so as to not look like income in the form of a transfer from corp to me to lender. I've considered an assignment / option agreement / not sure how to structure these. In the exploratory phase. Open to any ideas that are out there.