Legal Question in Real Estate Law in Arizona

Loan money for new mortgage at lower interest

I want to pay off my higher interest mortgage. The current mortgage is recorded by the family revocable living trust (my wife and I). I want to pay off the high interest mortgage from my individual living trust and set up re-payments to that trust with lower interest rates. What forms do I use to do this and register it with the county recorder?


Asked on 3/19/08, 6:33 pm

1 Answer from Attorneys
Brian Blum Blum Law Office, PLC

Re: Loan money for new mortgage at lower interest

Thank you for reposting. I still would not try to do this transaction with forms you find online. It's too easy to mess up. See a lawyer to draft a Note and Deed of Trust.

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Answered on 3/19/08, 6:47 pm


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