Loans to
Trusts and Estates in Probate
Location: Auburn, CA
Funded: $50,000
Private Loan Type: Probate Loan
Deal Highlights:
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:
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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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