Deed of Trust

Methodology authored by Zach Wade, Wade Intel — operator-led lender tech methodology firm. Definitions validated against production borrower-validation runs with working bridge lenders. · Last reviewed 2026-07-10

What is Deed of Trust?

A legal document that secures a loan with real property by transferring legal title to a trustee until the loan is repaid. Used in many states instead of a mortgage. Involves three parties: the borrower (trustor), lender (beneficiary), and trustee.

Why it matters to bridge lenders

Bridge loans are typically secured by a deed of trust in trust-deed states. Understanding the deed of trust position (first vs. second) and any existing encumbrances on the property is fundamental to evaluating loan security. PulseClose’s litigation screening can surface competing claims against properties.