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Updated almost 4 years ago,

User Stats

54
Posts
10
Votes
Daniel Wrentz
  • Real Estate Agent
  • Houston, TX
10
Votes |
54
Posts

Can you use a deed of trust as collateral?

Daniel Wrentz
  • Real Estate Agent
  • Houston, TX
Posted

Are there lenders that would use a deed of trust as collateral on a loan?

To give more details, I own a property free and clear, then seller finance it with a deed of trust (Texas). And then to free up my cash I would get a loan that uses said trust deed as collateral.

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