Loans to
Trusts and Estates in Probate

Location: Auburn, CA
Funded: $50,000
Private Loan Type: Probate Loan

legal-and-administrative-expenses

Deal Highlights:

  • Funds needed to cover probate expenses

  • Property will be refinanced once probate is closed

Deal Summary:

The administrator for the estate needed funds to cover legal and administrative expenses prior to closing probate. The only available asset in the estate was the family home, so we provided a loan to the estate itself. Once probate is closed, and the property is transferred into the beneficiary’s name, she will refinance into something more permanent with her credit union using her own personal financial information.

Deal Details:

  • Property Type – Single Family

  • Lien Position – First

  • Loan-to-Value – 18%

  • 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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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.