This article answers common questions about the legal and operational mechanics of the Sell-to-TruFi model, including title transfer, residency rights, and the installment contract for deed. Reviewing this information will help you feel confident in the "Stay & Save" guarantee that keeps you in your home while unlocking superior financial terms.
Table of Contents
- What is TruFi?
- The 3-Step Refinance Process
- During the Term: Asset Protection & Custody
- Your Rights: Equitable Ownership & Possession
- The Final Transfer: Path to Debt-Free Ownership
What is TruFi?
TruFi is the exclusive liquidity provider for Peoples Reserve mortgage products. Unlike a traditional bank that lends you money to buy a property, TruFi acts as a cash purchaser. By using a "Contract for Deed" structure rather than a traditional fiat mortgage, TruFi can offer terms—such as no credit checks for SRM or accelerated payoff timelines—that are impossible within the legacy banking system.
The 3-Step Refinance Process
The transition from a traditional bank mortgage to a Bitcoin-powered product is designed to be seamless:
- Sell to TruFi: TruFi purchases your home at fair market value, paying off your existing bank mortgage in full.
- Choose Your Mortgage: You select either the Self-Repaying Mortgage (SRM) or the Bitcoin Mortgage (BMR) based on your available collateral and financial goals.
- Stay & Save: TruFi immediately seller-finances the home back to you. You remain in your home throughout the entire transaction, now benefiting from superior terms and Bitcoin's growth.
During the Term: Asset Protection & Custody
To ensure maximum security for both the property and the collateral, your assets are held within a bankruptcy-remote Special Purpose Vehicle (SPV). This creates a legal "firewall" between your home and our corporate operations.
- The Home Title: Legal title is held in the name of TruFi (our exclusive liquidity provider) as security for the duration of the contract.
- The Bitcoin Collateral: Your Bitcoin is held within the same SPV but is managed by BitGo, the industry leader in digital asset custody. BitGo ensures your BTC is never rehypothecated or moved.
Your Rights: Equitable Ownership & Possession
While TruFi holds the legal title, you maintain full possession and residency rights via a seller-financed installment contract for deed.
- Stay & Save: You never move out. You have the absolute right to live in, maintain, and improve the home as your own.
- Equitable Title: For all practical purposes—including property taxes and insurance—you are the primary stakeholder. You aren't "renting" from TruFi; you are buying the home back under superior, private terms.
The Final Transfer: Path to Debt-Free Ownership
The legal title is officially transferred from TruFi into your name once the principal balance of your contract reaches zero. This occurs in one of three ways:
- Standard Completion: Upon the final scheduled payment of your 30-year term.
- BMR Equity Retirement (Accelerated): For Bitcoin Mortgage (BMR) users, when the value of your borrower-allocated BMR escrow reaches the remaining principal balance, the Bitcoin is liquidated to retire the mortgage decades early.
- SRM Strategic Payoff: For Self-Repaying Mortgage (SRM) users, you have the flexibility to pay off your balance at any time with no prepayment penalties. As your Bitcoin performs and creates excess upside (value above the 1:1 collateral requirement), you can choose to withdraw that liquidity for personal use or apply it toward a full principal payoff to receive your deed immediately.