Some states allow both mortgages and deeds of trust. A main difference is that a mortgage foreclosure proceeding needs to go through the courts.Here are the six steps to transfer your house to your living trust. They're really simple once you know what to do it's a very simple process. Use our Deed of Trust to create a contract in which a third-party holds property until a borrower pays back debt to the lender. To transfer real estate (also called real property) into your living trust, you must prepare and sign a new deed, transferring ownership. Cook County Certificate of Trust Form. Fill in the blank form formatted to comply with all recording and content requirements. This Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing Secures All Future Advances, Whether Contained herein or Otherwise. (20) "Mortgage loan" or "residential mortgage loan", a loan to, or for the benefit of, any natural person made primarily for personal, family or household use,.