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Document Id : 3421
File Type : Microsoft Word
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California Offering Circular for Fractional Loan
Prepare an Offering Circular for Fractional Loan with this comprehensive template for the State of California, to make an offering of fractional undivided interests in a promissory note secured by either a first mortgage or by other promissory notes secured by other collateral.
Sections of the Offering Circular include:
Sections of the Offering Circular include:
- terms of the offering,
- description of fractional interests,
- loan funding,
- lending standards and policies,
- loan servicing,
- compensation to loan servicer and affiliate,
- conflicts of interest,
- risks and other important factors,
- ERISA and federal tax considerations,
- plan of distribution.
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