Mortgage Terms: A deed conveying the title of real property to a trustee as security until the grantor repays a loan.
This type of deed resembles a mortgage. It is an alternative to a mortgage preferred by lenders because it is faster and cheaper to foreclose.

Question

A deed conveying the title of real property to a trustee as security until the grantor repays a loan. 
    This type of deed resembles a mortgage. It is an alternative to a mortgage preferred by lenders because it is faster and cheaper to foreclose.

Memorable Ladybug · Accepted Answer

Deed of Trust

Mortgage Terms

A deed conveying the title of real property to a trustee as security until the grantor repays a loan. This type of deed resembles a mortgage. It is an alternative to a mortgage preferred by lenders because it is faster and cheaper to foreclose.

Deed of Trust

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