Loans to
Trusts and Estates

Location: Venice, CA
Funded: $350,000
Private Loan Type: Trust Loan


Deal Highlights:

  • Beneficiary of a special needs trust ran out of funds before reaching minimum age to qualify for a reverse mortgage

  • The trustee was forced to encumber the trust-owned property to cover the beneficiary’s care expenses

Deal Summary:

The beneficiary of a special needs trust needed capital to cover care expenses. With only 2.5 years before reaching the minimum age to obtain a reverse mortgage, the trustee needed to encumber the trust property with a private trust loan. We stepped in to provide sufficient funds, and held three years worth of payments with our servicing company to cover the monthly debt service to bridge the gap until the reverse mortgage could be obtained.

Deal Details:

  • Property Type – Single-Family

  • Lien Position – First Mortgage

  • Loan-to-Value – 27%

  • Loan Term – 36 months

More Deals by HCS Equity

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

  • duplex-renovation-sale

Duplex Renovation to Prepare for Sale

February 16th, 2024|Comments Off on Duplex Renovation to Prepare for Sale

HCS Equity, a private hard money lender in California, facilitated a $900,000 rehab loan for a duplex renovation project in Redondo Beach, CA.

  • distressed-home-rehab

Distressed Home Rehab

February 9th, 2024|Comments Off on Distressed Home Rehab

In this case study, HCS Equity, a leading private lender in California, provided a fix and flip loan for a distressed home rehab project in South Pasadena, CA.

  • beneficiary-buyout-proposition-58

Beneficiary Buyout Under Proposition 58

February 2nd, 2024|Comments Off on Beneficiary Buyout Under Proposition 58

HCS Equity provided a loan directly to the trust, allowing one beneficiary to keep the family property and the other to receive money for their share.

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.