Frequently Asked Questions

How does a Mortgage Fund Work?
An investor purchases shares of the Mortgage Fund. The Mortgage Fund then lends the money out to borrowers. Borrowers make interest payments to the fund each month, and the Fund pays out a dividend to investors. The Mortgage Fund contains a large number of highly diverse trust deed loans as security for the investment, similar to a "mutual fund" of loans, See our Fund Downloads.

What is the minimum investment?
The minimum investment amount is $25,000 (25 shares). If investing IRA funds, the minimum investment amount is $20,000 (20 shares) For investments.

How much interest will I earn on my investment?
Currently, investors of the Quest Mortgage Fund, LLC are earning up to 12% annually.

How often does the Fund pay a dividend?
The Fund pays a monthly dividend, which is paid out on the 20th of each month for the previous month's interest. Investors have a choice of monthly cash distributions, distributions reinvested by purchasing additional shares, or a combination of both.

Do I receive a monthly statement?
You will receive a statement monthly or quarterly depending on your Request, similar to a mutual Fund Statement.

Can I invest my IRA in the Fund?
Yes, self-directed IRA's can invest in the Fund.

Are there suitability standards?
Shares are offered exclusively to qualified investors who are California Residents and who meet certain minimum standards of income and assets.

Where are the properties located that the Fund loans money on?
100% of the portfolio is secured by California real estate.

Can a shareholder withdraw their investment?
A Member may withdraw as a Member at any time, however, the right to sell shares and realize a return of capital is available under limited circumstances until the termination of the Fund. The Fund will use its best efforts to redeem shares for Members within 30 days of receiving a written request from the Member. Large withdrawals generally require longer waiting periods.

What information is provided for tax reporting?
Income information is reported on a Schedule K-1.

How do I invest?
The offering is made through the Offering Circular. After reading the Offering Circular, complete the subscription agreement and return it with your check, made payable to Quest Mortgage Fund, LLC.

How can I receive more information?
For more information or to request an Offering Circular, please call us toll-free at 877-957-8378 or via email at sdaniele@questfi.com We are always available to meet with you and answer any questions you may have regarding Quest Funding and the Quest Mortgage Fund, LLC.