Opening a Quest account
To start an account, you must have a copy of a valid government-issued I.D. & $100. To start the account application process, click on this link
Fee Schedule
If you would like to learn about Quest's fee schedule, you can click on this link.
Rollover Account
Click on this link to open a rollover account and invest in mortgage notes on the Paperstac platform using a Quest account.
Using Quest to Purchase on Paperstac
When investing on Paperstac using a Quest account, you will have to complete a form called a Purchase Packet. To view what you will be filling out in transactions, click on this link.
Things Quest will need to fund a deal
To have funds released from Quest, Quest will need to see the following documents:
A copy of the Purchase Sale Agreement
A copy of the Assignment instrument (Assignment of Mortgage, Deed of Trust, etc)
A copy of the Allonge
How to correctly fill out your vesting profile for your Quest account
To fill out your funding ENTITY NAME, you will want to fill it out in the following way:
Quest Trust Company FBO (YOUR NAME) Roth IRA (IRA NUMBER)
If you are splitting the asset purchase between 2 or more entities, you will need to add the following verbiage to the vesting profile: “as to the undivided interest _______%.” Together, it will look like Quest Trust Company FBO (YOUR NAME) Roth IRA (IRA NUMBER) as to the undivided interest _______%
You will need to use the Quest address in the vesting profile, and the correct address is the following:
17171 Park Row Ste 100 Houston, Texas 77084-4935