A private loan provided by HCS Equity, a Carmel, California private lender, is based on the equity of the house. The administrator or trustee does not need to provide their personal credit nor their income to qualify for the short-term loan. Loans can be provided for up to 2 years and never have any sort of prepayment penalty, which makes them ideal to allow time to properly manage the home sale or refinance. HCS has been lending to trusts and estates throughout all of California for over 20 years.