031 Exchange/Reverse 1031 Exchange Loans FAQ

Our typical term is a one-year balloon. We do require borrowers to demonstrate they have a plan in place to provide long term financing.

We offer loans for 1031 Exchange/Reverse 1031 Exchanges from $30,000 to $4,000,000.

We are looking for at least 30% to 35% equity.

Some private commercial banks will lend to 1031 Exchange/Reverse 1031 Exchanges on commercial property, but tend to take a long time to complete the transaction. Most retail mortgage lenders that specialize in 1-4 unit properties will not be familiar with 1031 Exchange/Reverse 1031 Exchange lending, and unable to complete.

With the required deadline to close the exchange property(s) purchase within 180 days, you may not have time to close with a traditional loan. Banks often take many months to complete the closing of a commercial purchase loan with delays in obtaining the appraisal, detailed underwriting, review of leases, tenant lease subordinations, etc. HCS Equity

Yes, HCS Equity loans have no prepayment penalties or minimum interest due. They can be repaid right away.