The Home Equity Conversion Deed of Trust is essential for reverse mortgage transactions in the United States, particularly for FHA-insured Home Equity Conversion Mortgages (HECMs). This document is used when senior homeowners (62 or older) want to access their home equity without monthly payments, while ensuring the lender has proper security interest in the property. It contains specific provisions required by HUD/FHA, including borrower obligations, property maintenance requirements, and default conditions. The document serves as security for the reverse mortgage loan until the borrower's death, sale of the property, or permanent relocation.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the borrower, lender, and trustee involved in the deed of trust
2. Background: States the purpose of the deed of trust and basic loan information, including reference to HUD/FHA requirements
3. Definitions: Defines key terms used throughout the document including HECM-specific terminology
4. Property Description: Legal description of the secured property and its permitted uses
5. Security Interest: Grants security interest in property to trustee and specifies the nature of the HECM security arrangement
6. Borrower Covenants: Lists borrower's obligations including property maintenance, taxes, and specific HECM requirements
7. Default Provisions: Defines events of default and remedies specific to HECM mortgages
8. Governing Law: Specifies applicable federal and state laws governing the deed of trust
1. Insurance Requirements: Additional insurance requirements beyond standard coverage, when lender requires specific insurance types
2. Condominium Provisions: Special provisions applicable when the property is a condominium unit
3. Second Home Provisions: Special provisions when the property is not the primary residence
4. Power of Attorney: Provisions regarding use of power of attorney in HECM transactions
1. Schedule A - Legal Description: Detailed legal description of the mortgaged property
2. Schedule B - Payment Terms: Details of payment terms, conditions, and HECM-specific payment provisions
3. Schedule C - Required Insurance: List of required insurance coverage including FHA mortgage insurance
4. HUD/FHA Required Riders: Mandatory HUD/FHA riders for HECM mortgages including repair rider, second home rider if applicable
5. State-Specific Riders: Additional riders required by state law for reverse mortgages
Find the exact document you need
Package Deed Of Trust
A U.S. legal instrument that creates a three-party security interest in real property, combining standard provisions into a comprehensive package.
Download
Deed Of Trust Refinance
A U.S. legal document securing a refinanced loan with real property as collateral, typically used in deed of trust states.
Download
Deed Of Trust Notary
A U.S. legal document creating a security interest in real property, requiring notarization and involving trustor, trustee, and beneficiary.
Download
Trustee's Deed Foreclosure
A U.S. legal document transferring property ownership after a foreclosure sale under a deed of trust.
Download
Trust Deed Of Amendment
A U.S. legal document used to modify existing trust agreements while maintaining compliance with federal and state trust laws.
Download
Trust Deed Mortgage
A U.S. legal instrument that creates a three-party security interest in real property, transferring legal title to a trustee as loan security.
Download
Tenancy In Common Trust Deed
A U.S. legal document establishing a trust for property held by multiple owners as tenants in common, defining ownership rights and management responsibilities.
Download
Second Deed Of Trust Foreclosure
A U.S. legal document initiating foreclosure proceedings on a property secured by a second deed of trust, following state-specific foreclosure laws.
Download
Revocable Tod Deed
A legal document used in the United States that transfers real property to designated beneficiaries upon the owner's death, while remaining revocable during the owner's lifetime.
Download
Owelty Deed Of Trust
A U.S. legal instrument that secures a lien created during property division in divorce settlements to ensure equalization of equity between spouses.
Download
Joint Mortgage After Trust Deed
A U.S. legal document establishing a joint mortgage arrangement on property held under a trust deed, creating shared borrower obligations and security interests.
Download
Deed To Secure Debt
A Georgia-specific security instrument that transfers property title to a lender as collateral for a loan, while allowing the borrower to maintain possession.
Download
Trustee Of Deed Of Trust
A U.S. legal document establishing trustee responsibilities in a deed of trust arrangement, commonly used in real estate financing.
Download
Deed Of Trust Divorce
A U.S. legal instrument establishing a trust to manage and transfer property as part of divorce proceedings.
Download
Deed Of Trust After Marriage
A U.S. legal document that transfers property into a trust after marriage, subject to state trust and marital property laws.
Download
Home Equity Conversion Deed Of Trust
A U.S. legal instrument securing a reverse mortgage loan against a property, complying with federal FHA/HUD requirements.
Download
Living Trust Deed Property
A U.S. legal document creating a living trust for property management and transfer, governed by federal and state trust laws.
Download
Unreleased Deed Of Trust
A U.S. real estate security instrument that remains active on property records despite satisfaction of the underlying debt.
Download
Trustee Warranty Deed
A U.S. legal instrument used by trustees to transfer real property with title warranties to a grantee.
Download
Revolving Credit Deed Of Trust
A U.S. security instrument creating a property lien to secure a revolving credit facility, commonly used in deed of trust states.
Download
Note Secured By Deed Of Trust Straight Note
A U.S. legal instrument evidencing a debt secured by real property through a deed of trust, establishing repayment terms and security interest.
Download
Money Trust Deed
A U.S. legal document establishing a trust relationship for monetary assets, defining trustee powers and beneficiary rights under federal and state trust laws.
Download
Joint Tenancy Deed Of Trust
A U.S. legal document combining joint property ownership rights with a trust structure for enhanced property management and succession planning.
Download
Home Equity Conversion Second Deed Of Trust
A U.S. legal instrument securing a reverse mortgage as a secondary lien on a property, subject to federal and state regulations.
Download
Existing First Trust Deed Loan
A U.S. legal instrument governing an existing first-position trust deed loan secured by real property.
Download
Deed Of Partial Reconveyance
A U.S. legal document that releases a portion of property from a deed of trust while maintaining security interest on the remaining property.
Download
Commission Approved Deed Of Trust
A U.S. state commission-approved security instrument that creates a three-party arrangement to secure real property as collateral for a loan.
Download
Absolute Trust Deed
A U.S. legal document creating an irrevocable transfer of assets from a settlor to trustees for specified beneficiaries' benefit.
Download
Trust On Death Deed
A U.S. legal document that transfers real property to designated beneficiaries upon the owner's death, avoiding probate.
Download
Deed Of Trust Beneficiary
A U.S. legal document establishing a security interest in real property through a three-party trust arrangement.
Download
Second Lien Deed Of Trust
A U.S. legal document creating a subordinate security interest in real property, second in priority to an existing first mortgage or deed of trust.
Download
Deed Of Vesting Of Trust
A U.S. legal document that formally transfers ownership of assets from an individual or entity to a trust structure.
Download
Deed Of Confirmation Of Trust
A U.S. legal document that formally confirms the existence and terms of a trust arrangement.
Download
Short Deed Of Trust
A U.S. legal instrument that creates a security interest in real property, involving a trustor, trustee, and beneficiary.
Download
Reverse Mortgage Deed Of Trust
A U.S. legal document securing a reverse mortgage loan against property, compliant with FHA and HUD requirements.
Download
Grant Deed To A Revocable Trust
A U.S. legal document transferring real property ownership from an individual or entity to a revocable trust, subject to state-specific requirements.
Download
Grant Deed And Deed Of Trust
A U.S. legal document that combines property transfer with loan security, used in real estate transactions where trust deed financing is preferred.
Download
Future Advance Deed Of Trust
A U.S. legal document creating a security interest in real property to secure both current and future loans or advances.
Download
Warranty Deed And Deed Of Trust
A U.S. legal document that combines property transfer (warranty deed) with loan security (deed of trust) in real estate transactions.
Download
Deed Of Beneficial Interest
A U.S. legal document that establishes and evidences a beneficiary's interest in trust property or assets.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)