Loans to
Trusts and Estates

Location: Berkeley, CA
Funded: $1,237,000
Private Loan Type: Trust Loan


Deal Highlights:

  • One beneficiary wanted to retain both properties held in their family’s irrevocable trust

  • Under Proposition 58, the beneficiary was able to preserve the property taxes on both properties

Deal Summary:

This matter consisted of two properties, which were to be distributed on a share and share alike basis between the two beneficiaries. One of the beneficiaries had moved out of state, and had no interest in taking ownership of either property. In order to equalize the trust, we provided a trust equalization loan cross-collateralized by both properties, which infused sufficient liquidity into the trust to make an equal distribution of assets. One beneficiary received their share in the form of cash, and the other took title to the properties subject to the trust loan. From there each property was refinanced, and our loan was repaid.

Deal Details:

  • Property Type – Single-Family

  • Lien Position – First Mortgage

  • Loan-to-Value – 55%

  • Loan Term – 12 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.