Saratoga Bancorp, founded in 1987, is a Mortgage Banker offering Trust Deed Investments to private individuals, corporations, pension plans, IRA's and Keoghs.

We lend on single family, apartment buildings, mixed use, retail shopping centers, retail condo's, etc.

If you have a savings account or have money in CD's, guess where that money is going? Your bank gives you a measly 2 to 4% interest and then turns around and lends your money pooled with money from others like yourself. Your home, for example, may be secured by a 1st or a 2nd mortgage at 8%. The difference of 4% gives the Bank a hefty profit, covering the Bank's operating costs, putting money in the hands of the Bank's Board of Directors and its shareholders.

By investing money in a Trust Deed through Saratoga Bancorp, you are eliminating the Bank and lending money direct to the borrower thereby increasing the return on your investment substantially.

Title Insurance
Each Deed of Trust is title insured by a Title Company. The Title Company insures that the Deed of Trust is recorded into the represented (1st or 2nd) lien position. Title Company insures that the Title holder/Owner has a valid Title to the property and insures you for any title defects.

Fire Insurance
The borrower is required to keep fire insurance in an amount to cover the loan or replacement cost of the improvements.

Escrows
Saratoga Bancorp does not handle its own escrows. Every escrow is handled by an independent Title Company.

Servicing
Saratoga Bancorp services the loan and mails your interest check to you every month as paid by the borrower. You have the option to service the loan yourself or have any other company service it.

Appraisal
Each Deed of Trust is secured by real estate. Saratoga Bancorp obtains professional and independent appraisal on the subject property. A copy of the appraisal is included for your review in the trust deed information package.