trust

What is the name of your state? south dakota
i live in a home that is fully paid for and owned by my families trust. i have the home up for sale and plan on moving into a higher priced home. i will need to take out a motgage to pay for the remainder of the new home and my new home must stay in the trust.
so is it possible to even have a mortgage on a house that is owned by the trust, and further more can i take out a mortgage on a home that is not legally owned by me??any other options

Financing a home owned by a trust is more complicated, as many secondary market mortgage investors won't do them. You may be able to personally be "co-borrower" on the property, and, of course, the trustee must agree to all this!

Are the trust assets held in a particular bank? Check and see if that bank has a private lending area for preferred customers that can do a portfolio loan for you. This is not a deal where the loan can necessarily be shopped and underwritten by a dot com mortgage lender. Call around and ask if they will finance a property owned by a trust. My guess is that it will need to be a portfolio loan. Try local banks. Look for a loan that need not be sold off. The rate will likely be somewhat higher.