Self-Directed IRA investors
Real estate loans, held in a self-directed IRA.
Eligible IRA or old 401(k) assets may be able to invest in alternatives such as Alliance Mortgage Fund through a self-directed account. This page explains how that works, what’s required, and what to ask your custodian.
The capital may already be there.
Many investors do not realize that eligible IRA or old 401(k) assets may be able to invest beyond traditional public-market choices.
The money is already set aside for the long term. What often goes unquestioned is the narrow menu it sits in: a retirement account at a conventional provider usually holds only publicly traded stocks, bonds and mutual funds. Depending on the account and applicable law, it may be able to do more than that.
Self-direction opens another path.
A Self-Directed IRA is still a retirement account. What changes is the range of what it can hold.
Instead of only publicly traded holdings, a self-directed account can hold eligible alternative investments, including privately originated real estate loans. You continue to make the investment decisions. A third-party custodian or administrator handles the account itself, independently of Alliance Portfolio.
- More investment choice
- A broader range of assets than a conventional retirement account allows.
- Retirement-account tax treatment
- Earnings stay within the account’s tax structure; treatment depends on your circumstances and your tax adviser.
- Compounding within the account
- Distributions that remain in an eligible account may continue to be invested there.
The investment
Put that capital to work in Alliance Mortgage Fund.
As of August 26, 2026
Alliance Mortgage Fund holds a portfolio of private loans Alliance Portfolio originates, underwrites and services, secured by California real estate. A compact snapshot of the income generated, the income distributed, and the equity supporting the underlying loans.
8.06%
12-month average actual blended yield
7.49%
12-month average distribution
53.3%
Weighted average LTV
Alliance Mortgage Fund figures as of August 26, 2026. Actual blended yield is the income generated by the loan portfolio and is not an investor return. Past performance does not indicate future results and returns are not guaranteed.
From retirement account to investment.
One straight line, four steps, from opening the account to ongoing administration.
Establish
Open a self-directed retirement account with a qualified third-party custodian or administrator.
Move eligible funds
Transfer eligible IRA assets or roll over eligible employer-plan assets into the account.
Invest
Complete the Alliance Mortgage Fund investment documents and the provider’s investment-direction paperwork.
Provider administers
The provider handles account administration, recordkeeping and applicable reporting; you keep the investment decision.
Not every retirement account is eligible for transfer or rollover. Your provider and your own advisers confirm what applies to your accounts before anything moves.
What you should know.
A few things worth being clear about before using retirement capital this way.
- Eligibility varies
- Whether an account or plan can move, and what it may hold, depends on the account and applicable law.
- Provider fees vary
- Self-directed IRA providers set their own account, asset and transaction fees. Review the applicable provider’s current fees before establishing an account.
- Prohibited-transaction rules
- Self-directed retirement accounts are subject to IRS rules, including prohibited-transaction rules governing who may benefit and how the account transacts.
- Tax and legal advice
- Tax treatment depends on your circumstances. Alliance Portfolio does not provide tax or legal advice; consult your own advisers.
- Investor due diligence
- You choose the investment and remain responsible for your own due diligence. Alliance Mortgage Fund interests are available only to eligible accredited investors, and investment involves risk, including the possible loss of capital.
Important
Past performance does not indicate future results and returns are not guaranteed. Nothing here is an offer to sell or a solicitation of an offer to buy any security; any offer is made only through the current offering documents, which govern and should be read in full.
Third-party custodians and administrators provide retirement-account services independently of Alliance Portfolio. Investors should review provider fees, requirements and services directly with the provider.
See whether your retirement account could be another way to invest.
If you have eligible retirement assets and are interested in Alliance Mortgage Fund, Alliance Portfolio can explain the investment and help connect you with a third-party provider experienced in self-directed retirement accounts.