Reverse Mortgage Payoff Lender in California
HCS Equity is a reverse mortgage payoff lender in the state of California specializing in real estate loans.
HCS Equity provides loans to pay off reverse mortgages that have been called due upon the death of the homeowner. We offer the flexibility to manage an estate without being forced to sell assets to meet the terms of the lender. With reverse mortgage servicing firms becoming increasingly demanding on repayment after a maturity event has occurred, it is nearly impossible to get an extension beyond their initial 6 month call date after the death of the borrower. This has caused fiduciaries, trustees, attorneys, and administrators a great deal of stress while trying to protect these properties as they work their way through the lengthy trust and estate administration process (especially if there are contentious heirs).
As the real estate market normalizes and marketing times have increased, a short-term loan from HCS Equity to repay a reverse mortgage that is due can provide sufficient time for the heirs to formalize their long-term plans for the property. In addition, HCS Equity may allow the estate to secure additional capital that may be needed to improve the family home and prepare it for sale at its maximum value.
Obtaining a loan to pay off a reverse mortgage at competitive rates and with a quick turnaround is possible with HCS Equity.
Contact us today to get started on your reverse mortgage payoff loan.