Can you transfer the title on a VA loan to a living trust without the VA calling the loan?
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Can you transfer the title on a VA loan to a living trust without the VA calling the loan?
Asked on July 3, 2012 under Estate Planning, California
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Under the laws of all states in this country, if legal title to real property that you own is subject to a loan (VA or otherwise) and secured by a trust deed, the owner of the real property can transfer title of it to a trust where he or she is the trustor without the loan being called due and payable under its presumed due on sales clause.
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