Get Equity Trust Promissory Note Doi

Filling out the Equity Trust Promissory Note Direction of Investment form online is an essential step for initiating IRA investments. This guide will walk you through each section of the form, ensuring you complete it accurately and efficiently.

Follow the steps to complete your Equity Trust Promissory Note Doi online.

1. Click ‘Get Form’ button to obtain the form and open it in your online document editor.
2. Complete the Account Holder Information section. Provide your full name, account number, primary and secondary phone numbers, and email address. Make sure this information is accurate.
3. Choose your processing preference by checking the appropriate box for either expedited or normal processing. Note the additional fees associated with expedited service.
4. Under the Investment Information section, specify the borrower’s name, amount of the investment, city, state, and zip code. Select the type of note (new or existing) from the listed options.
5. Indicate the ownership percentage of the note by your IRA and provide the face value of the note. If the note is discounted, explain why in the provided area.
6. Fill out the Repayment Information section by providing the frequency of payments, total number of payments, periodic payment amount, and dates for the first and last payments. Include the interest rate and specify whether there is a balloon payment.
7. If the note is secured, complete the Collateral Information section with the required details regarding real property or other collateral types.
8. For unsecured notes, include a Letter of Understanding between the borrower and account holder. This helps clarify the roles and relationship regarding the investment.
9. Specify the Document Titling Instructions and ensure that all documents are properly titled to comply with Equity Trust Company's requirements.
10. In the Investment Funding Information section, select how you wish to send funds, including options for wire transfer or check, and provide the necessary bank details.
11. Complete the Delivery Instructions to indicate how documents should be sent after processing. Provide the mailing address, fax number, or email as required.
12. Review the fees associated with document processing and select your preferred method of payment for any service-related fees.
13. Before finalizing, ensure you have read and understood the important disclosures at the end of the document.
14. Save your changes, and download, print, or share the completed form as needed.

Complete your Equity Trust Promissory Note Direction of Investment form online today for a smooth investment process.