💡 Creative Financing
Wraparound Financing
A structure where a new loan wraps around an existing loan, with the seller retaining the original mortgage while the buyer pays the wrap.
Common Uses
- Selling property with an existing low-rate loan
- Providing financing to a buyer
- Creative real estate sales
General Characteristics
- Wrap loan covers the existing balance plus equity
- Seller pays the underlying loan
- Buyer pays the wrap payment
Potential Provider Types
- Real estate investors
- Private sellers
- Specialty brokers
Important Considerations
- Due-on-sale clause risk
- Default exposure for the seller
- Legal and title review
This information is general and educational only. Eligibility, rates, fees, and terms vary by provider and are determined solely by the provider. Trio does not assess whether you personally qualify for any financing.
Trio Marketplace is not a financial institution, lender, mortgage brokerage or financial advisor. Trio does not provide, approve, arrange or guarantee financing. Financing products and services are provided by independent third-party providers. Eligibility, rates, fees, terms and approval decisions are determined by the applicable provider.