A non-recourse loan is a loan in which the borrower (your Self-Directed Checkbook IRA) is not personally liable for any outstanding debt on the loan. This type of loan is typically used to diversify your investment portfolio and build wealth through financing a real estate investment. A non-recourse loan benefits the borrower because in the event of a default, only the collateral (typically the property purchased with the non-recourse loan) is liable, not the IRA or its account holder.
At Broad Financial, you will receive personalized service from start to finish. Our real estate investing expertise and unparalleled customer service matched with a five-star non-recourse lender gives you a simple way to invest in the property of your choice. Visit the Case Study How To Invest with a Self-Directed Checkbook IRA Non-Recourse Loan for further information regarding our preferred lending partner’s terms and non-recourse loan options.
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