{"ok":true,"canonical_url":"https://dealroom.so/glossary/mortgage-deed-of-trust","api_url":"https://dealroom.so/api/public/glossary/mortgage-deed-of-trust","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"mortgage-deed-of-trust","term":"Mortgage/Deed of Trust","aka":"Mortgage, Deed of Trust","group":"Doing the deal","definition":"A legal document that pledges real estate as collateral for a loan, granting the lender a lien. This is how the lender secures their interest in any real property involved in the acquisition.","what_it_means":"If your acquisition includes real estate, or if you're pledging personal real estate as collateral, you'll sign a mortgage or deed of trust. This document is recorded with the county, publicly establishing the lender's lien. Understand that this gives the lender the right to foreclose if you default on the loan.","url":"https://dealroom.so/glossary/mortgage-deed-of-trust","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"real-estate-appraisal","term":"Real Estate Appraisal","url":"https://dealroom.so/glossary/real-estate-appraisal"},{"slug":"foreclosure","term":"Foreclosure","url":"https://dealroom.so/glossary/foreclosure"}],"related_questions":[{"question":"For a business owned by a trust, what citizenship and residency requirements apply to the trustee for 7(a) eligibility?","url":"https://dealroom.so/for-lenders/questions/for-a-business-owned-by-a-trust-what-citizenship-and-residency-requirements-apply-to-the-t"},{"question":"Can a business owned by a trust be eligible for a 7(a) loan if the trustee is a foreign national?","url":"https://dealroom.so/for-lenders/questions/can-a-business-owned-by-a-trust-be-eligible-for-a-7-a-loan-if-the-trustee-is-a-foreign-nat"},{"question":"When is a leasehold mortgage acceptable as collateral for an SBA 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/when-is-a-leasehold-mortgage-acceptable-as-collateral-for-an-sba-7-a-loan"},{"question":"Can I use an SBA 7(a) loan to refinance my existing business mortgage?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-refinance-my-existing-business-mortgage"},{"question":"Can an SBA 7(a) loan be used to refinance an existing commercial mortgage?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-be-used-to-refinance-an-existing-commercial-mortgage"},{"question":"How does the SBA determine affiliation between businesses controlled by a common trust?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-determine-affiliation-between-businesses-controlled-by-a-common-trust"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Mortgage/Deed of Trust","url":"https://dealroom.so/glossary/mortgage-deed-of-trust","source_type":"DealRoom Data"}}