TrustPoint Private Mortgage (PM) Program
Investment: $10,000 to $250,000

As previously stated, our process that we employ is called Private Mortgage loans. It is one of the oldest techniques used to build wealth in America. In fact, there have been many companies that have been built on issuing Private Mortgage loans because these loans traditionally are higher yielding while offering security and peace of mind for the lender.

The simplest way to understand Private Mortgage loans is to think about how a bank makes their mortgage loans. (While this example is basic in nature it does explain their method.):

They borrow money from people by offering them a certificate of deposit and paying them 5% and then lend the money out to people wanting a loan at the rate of 12%. The difference of 7% is called the spread, and is the basic building block of how a bank makes their profit. As you can see, the bank is therefore the “middleman” in making loans.

Using the above example, our process simply cuts out the “middleman” and allows you to earn the higher rate of return enjoyed by the bank. Our Private Mortgage loans have no additional costs and have no commission charge. Furthermore, we have flexible payment options to meet your needs and our loans usually last only from 12 months to 60 months at which time you will receive the return of your principle amount and you can decide if you wish to participate again with another Private Mortgage loan. And one more thing, in this program we NEVER co-mingle or pool funds together...... one investor, one Private Mortgage.

All of our transactions are handled by attorneys at some of the best title companies in the city. All documents are drawn up to meet state laws and county regulations. You will always be issued a Mortgage and Note on the property for the full amount that we borrowed which means you have the best collateral for your Private Mortgage loan.

Once you recognize that you want to be part of the program, simply contact us so that we can answer all of your questions and tell us the range of the Private Mortgage loan you are interested in and we will prepare the necessary forms.

When we receive your completed forms and funds, we will prepare the proper documents to be properly filed with the county recorder’s office and then, after filing, be returned to you for your safekeeping. It is truly that simple.

When your Private Mortgage matures, we send your principal amount (and any accrued interest) to you in exchange for a Satisfaction of Mortgage document which we file with the county to show the entire process has been completed.

It’s a fact. Investment advisors recommend a mix of investments to increase overall investment returns, while lowering risk. Stocks and mutual funds can offer a high return, but also have high risk. Conversely, fixed investments like bonds and CD's have lower returns but much lower risk.

However, an alternative is Private Mortgage loans, which have higher returns than many other fixed rate investments, and historically less risk than stocks. These investments are an excellent way to further diversify your portfolio to increase your overall return and further reduce risk. But be advised: Private Mortgage loans are not insured by any government agency like CD's or bank accounts.

Safety and Profitability

Its important to note that while there is a rising number of defaults nationally in the mortgage market, we have never foreclosed on a property and our investors have never lost any money in interest or principal with our program. TrustPoint Financial Corp. in unison with our group of real estate professionals coordinate and evaluate each investment for safety and profitability.

Once we have designated a property to be part of our portfolio, it must pass our internal tests. We will then review market value information and, if applicable, our own appraisal/inspector to the property. Based on the information provided to us by our appraiser and inspector along with our careful evaluation, we are able to determine the maximum allowed loan amount. The maximum allowed loan amount will never exceed 90% of the property’s final market value. Once the required loan amount has been determined, we will then match a potential investor with the current investment opportunity and allow them to review the facts of the loan request before they decide to commit to the loan opportunity.

Likewise, we may also have several opportunities with properties that are already in our portfolio.

Once you have decided to participate, we then coordinate the closing date, the transfer of funds and interest payment schedule. We do all the research, take care of the details, and you simply collect your interest checks on your investment!

Our first priority is to protect our Private Lender's (you) investment, as such; these instruments below protect your investment:

1). Promissory Note with a Mortgage
2). Hazard/Fire Insurance as named insured
3). Title Insurance
4). Equity in the Property