What Are Silent Home Loans?

Question

Hello Bigger Pockets, so I have a couple questions regarding Silent Home Loans? If anybody knows where I can get in touch with anybody that knows about this in Sacramento, CA. Thanks.

Pavan Sandhu · Answer

@DJ Dawson ahhhh. Put that in the creative financing bucket!

DJ Dawson · Answer

@Jonathan Almanza I'll shoot you a text bro

DJ Dawson · Answer

A Silent home Ioan is a Loan secured against a property WITHOUT a deed filed against the home, its not officially on record but is agreed upon between two parties, a lot of times these are used when getting some seller financing on a deal where the buyer is using a hard money lender who will only do the loan in first position.  @Jonathan Almanza @Pavan Sandhu

Pavan Sandhu · Answer

@DJ Dawson what’s this never heard of it

What Are Silent Home Loans?

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