What is What Is a Deed of Trust?
A deed of trust is a security instrument used instead of a mortgage in about half of U.S. states. It transfers title to a trustee who holds it until the borrower repays the lender.
Practical Example
When a U.S. consumer researches deed of trust, understanding the mechanics up front helps them compare providers, avoid hidden fees and choose the option that best fits their budget and long-term goals.
Why It Matters
Getting deed of trust right can save households hundreds to thousands of dollars each year and prevents disputes that end up in state regulator complaints or court.
Frequently Asked Questions
Because it affects the price you pay, the protections you keep and the options you have — details that shift with each new regulatory cycle.