HCS Equity, based in Carmel, CA, provides real estate loans to trusts and estates on properties throughout California based on the equity in the property. The personal credit of the trustee or the administrator does not factor into our underwriting process. The equity remaining in the property is the main factor in determining if HCS Equity can provide a short-term loan to pay off a reverse mortgage or provide for other capital needs. The typical items required are:

  1. Copy of the trust
  2. Death certificates
  3. Insurance on property
  4. Authority from court if in a probate situation to take out a loan (court letters)
  5. Contact information for trustee and attorney
  6. Tax ID number for estate or trust