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.
In most cases, appraisals are not needed on either property. HCS will do an internal evaluation of the properties at no charge to determine if full inspections are required. By waiving the appraisals requirements in most situations it will allow the transaction to close more quickly.
Yes, our loans have no prepayment penalty or minimum interest due, so the loan can be repaid in full anytime.