Loans to
Probate

Location: Thousand Oaks, CA
Funded: $286,500
Private Loan Type: Probate Loans

property-sale-probate-loan

Deal Highlights:

  • Estate had depleted its available cash and needed to prepare its property for sale

  • Medical, legal, and accounting expenses were also past due

Deal Summary:

We provided short-term capital to cover probate related expenses, and to prepare the estate owned property for sale. The administrator of the estate was able to list the home in a competitive market, sell above asking price, and repay our probate loan through the close of escrow.

Deal Details:

  • Property Type – Single-Family Residence

  • Lien Position – First Mortgage

  • Loan-to-Value – 30%

  • Loan Term – 12 months

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HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.

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Looking To Get Started?

Contact us today for more information regarding any of our loan products. As direct lenders, we make quick approval decisions, and can provide funding in as little as 7-10 days. We are available via phone or email anytime of the day or night.