FAQs

No, all HCS Equity loans are fixed rate, lump sum loans with no ability to take a future draw. Interest accrues on the full outstanding balance from day one.

Usually not, we are looking for a solid payment history on the existing debt.

HCS Equity will review each situation on an individual basis using several factors to determine the qualifications. Credit is not the most important factor.

HCS Equity limits our Second Trust Deeds to under 50% CLTV but we can make exceptions on a case by case basis.

Yes, we can use all types of properties such as single family homes, mixed use, commercial and apartment buildings.

Yes, we can leave the existing first alone if there is sufficient equity available.

No, properties can be anywhere in CA.

Credit is one of the many factors HSC uses to approve a file, but low credit scores are not a deal breaker.

No, HCS approves loans based on the equity in the property and income from each property.

Our loans can close in as little as 7 business days or less.