FAQs

If there is sufficient equity remaining in the property, HCS Equity can offer options which may allow the family to retain the home until a long-term solution is worked out. The probate process can take years in California, but most of the time reverse mortgage lenders will only allow up to 6 months after the

For over 20 years, HCS Equity has worked with families to pay off reverse mortgages that are due. As an active member of over 40 bar associations and legal communities throughout California, HCS has the experience and legal know-how to navigate the complex probate process and provide short-term capital to pay off a reverse mortgage.

A reverse mortgage can enter foreclosure for many different reasons. The most common reason a reverse mortgage goes into default is due to the death of the parents and the six-month window to pay off the loan having passed. Other causes of a reverse mortgage going into default include deterioration of the property, lack of

HCS Equity is the premier lender in California that can provide a private mortgage loan to a trustee to pay off a reverse mortgage very quickly. Loans can often be funded without income documents, no credit check, nor an appraisal, within 10 days. HCS has been providing loans to trustees for over 20 years throughout

Traditional banks and mortgage companies will not provide a loan to an irrevocable trust or probate estate. HCS Equity is a nationally recognized private lender that provides their own capital to pay off reverse mortgages that are due. HCS Equity works with over 1,500 trust and estate professionals in California to provide loans that comply

In a survey of over 500 trustees and administrators over the past 3 years, HCS Equity has ranked as the lowest-cost provider of private loans to pay off reverse mortgages. HCS rates and fees consistently rank as the lowest total costs among all lenders in California.

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

A non-recourse loan to a trustee or administrator provided by the veteran loan officers at HCS Equity is a solution to pay off a reverse mortgage that is due, even if the property is vacant or rented out. The team at HCS Equity has a cumulative total of 120+ years of mortgage experience helping estates

For the past 20 years, HCS Equity has perfected the process to pay off a reverse mortgage that is in default. Often, loans from HCS Equity can be funded within 5–7 days, which has been ranked by trust and estate attorneys as the quickest lender in California. HCS has funded over $1,000,000,000 in loans over

A reverse mortgage usually needs to be paid off in full within 6 months after the original borrower dies. This short window does not allow a trustee or administrator sufficient time to manage the trust or probate process and often causes the property to be sold at a discount. HCS Equity provides bridge loans allowing