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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Refi in THT Posted by James-CA on September 25, 2003 at 4:00 PM Hi Ward, Yet another question. I was thinking about this today and I could not remember if you addressed this in the Trust seminar... suppose there is a property which has enough equity to refi the original loan(s) into one and take out what the owner wants sooner rather than later, while in the THT as successor trustee, I know I have the power to do that (refi). But my question is, since most banks (if we are using a bank) want to see how the loan will be paid back, i.e., some type of income, just whose income are we using to determine if the loan would be approved? Or am I just thinking way too much here? Thanks in advance Follow Ups: Borrowing while in the trust... Ward-CA- 4:39 PM, 09/25/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward, : Yet another question. I was thinking about this today and I could not remember if you addressed this in the Trust seminar... suppose there is a property which has enough equity to refi the original loan(s) into one and take out what the owner wants sooner rather than later, while in the THT as successor trustee, I know I have the power to do that (refi). But my question is, since most banks (if we are using a bank) want to see how the loan will be paid back, i.e., some type of income, just whose income are we using to determine if the loan would be approved? : Or am I just thinking way too much here? : Thanks in advance Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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