Unlock the equity in an inherited property without waiting for probate to close.
California probate can take a year or longer, and during that time the estate's real estate equity is locked up while property taxes, maintenance, mortgage payments, and legal fees keep accruing. A probate or estate loan lets the estate or its heirs access that equity now.
Common uses include buying out sibling co-heirs so one heir can keep the family property, paying estate debts and taxes to keep administration moving, funding urgent repairs before a sale, and providing liquidity to heirs who need funds before distribution.
Because we underwrite the property rather than the borrower's income, probate scenarios that banks refuse to touch are straightforward for us. We work directly with estate attorneys, administrators, and executors, and we are comfortable lending to estates, trusts, and heirs during administration, with court approval where required.
Some heirs pursue a buyout of co-heirs as part of California Proposition 19 property tax planning their attorney is handling. An estate or trust loan can fund that buyout; whether any tax benefit applies depends on your facts and your attorney's structuring. Involve your attorney and lender early. This is general information, not legal or tax advice.
Yes. With proper authority from the administrator or executor, and court approval where the letters require it, an estate can borrow against real property during administration. We work with your probate attorney to structure it correctly.
The loan is made to the estate or trust secured by the inherited property. Proceeds pay the departing heirs for their share, and the heir keeping the property later refinances or pays off the loan. Some attorneys also use this structure in Proposition 19 property tax planning; whether that applies to you is a question for your attorney, not your lender.
No. We underwrite the equity in the property. Credit and income are secondary, which is why these loans work when the heirs' finances vary widely.
Once we have the property information and the estate documents (letters testamentary or of administration, or trust documents), funding typically takes days to a couple of weeks depending on whether court approval is needed.
Pricing is similar to our bridge loans: interest-only payments with terms typically 6 to 24 months, sized so the estate can carry the loan until the property sells or the heir refinances.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT