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Trust Agreement

If a trust account, living (inter-vivos) trust, or land trust (Illinois only) is being used in a loan transaction, you may be asked to provide the following legal documents to verify assets, income, or title to the property:

  • Trustee’s statement verifying terms of trust and access by customer
  • Additional riders and assignment documents (at closing, for land trusts)

Note: The term of the trust agreement will last at least as long in duration as the term of the security instrument.

Avoid delays in processing your application

For all documents:

  • Make sure the copies you send are legible.
  • Do not include documents that have been altered with correction fluid or by other means.
  • Submit the entire requested document and include all pages (even blank ones).