Probate and Estate Loans in California

Immediate Financing for Probate Estates and Trust Beneficiaries

What Is a Probate & Estate Loan in California?

Probate & estate loans are short-term, asset-backed financing solutions that bridge the cash-flow gap when an estate holds valuable real property but lacks liquid funds. These loans rely on the appraised value of estate real estate—not personal income or credit history—to advance up to 65% of equity. Executors, administrators, trustees and heirs with Letters of Administration or Testamentary can secure funds under court authority to pay taxes, legal fees and ongoing expenses.

Recently Funded Deals in California

We’re proud of our fast funding and transparent approval process for California borrowers. Here are a few recently funded hard money loans in California:

Santa Rosa, California Hard Money Purchase Loan
Condominium

$330,000

San Francisco, California Hard Money Refinance Loan
Condominium

$150,000

San Diego, California Hard Money Refinance Loan
Condominium

$200,000

Riverside, California Hard Money Refinance Loan
Single Family Residence

$175,000

Santa Rosa, California Hard Money Refinance Loan
Single Family Residence

$375,000

Fresno, California Hard Money Refinance Loan
Single Family Residence

$425,000

Riverside, California Hard Money Blanket Refinance Loan
Industrial Condominiums

$600,000

San Francisco, California Hard Money Refinance Loan
Single Family Residence

$850,000

San Jose, California Hard Money Refinance Loan
Single Family Residence

$1,075,000

These success stories highlight our commitment to short closing times, flexible loan terms, and a streamlined loan process—wherever you are in Southern California or the Bay Area.

How Probate & Estate Financing Works Step by Step

Navigating probate financing is straightforward with Source Capital’s proven process. From pre-qualification through loan payoff, we demystify probate requirements and coordinate court petitions to secure your funds quickly and compliantly.

Step 1: Pre-Qualification & Consultation

The first step is pre-qualification and consultation. Here’s what you’ll need for this step:

Estimated property value
Title status
Letters Testamentary/Letters of Administration (LOT/LOA)

Once you provide us with this information, here’s what we’ll do:

Review estate details
Propose a loan amount (65% LTV), rate range (8.99–11.99%), and term options
Discuss implications of Proposition 58/19 for parent-child transfers
Provide a preliminary term sheet in 24 hours

Step 2: Real Estate Appraisal & Document Submission

The next step in the probate and estate financing process is getting a licensed appraisal to confirm the fair market value of the property. You can upload your LOT/LOA, current title report, and any trust instruments to our portal.

We’ll review the title to ensure a clear chain of title and determine if there are any liens on the property.

Step 3: Court Petition & Beneficiary Consent

Now it’s for the court petition stage of the process. You’ll need to prepare your petition and file under Probate Code §10800. State the loan purpose, amount, security, and proposed fees.

You’ll also need to obtain written approval from all heirs and trustees to avoid contested hearings. Lastly, serve a hearing notice to any interested parties and attend the hearing if you’re required to.

Step 4: Funding, Escrow Disbursement & Probate Cash Advance

Once the judge signs off, we can finalize underwriting and finance your loan. Funds can be wired to escrow or directly to the estate’s account, and they can be used for things like taxes, mortgages, attorney/executor fees, and property upkeep.

Source Capital works closely with your attorney and escrow agent to ensure compliance.

Step 5: Repayment Upon Sale, Refinance or Estate Closing

At State Capital, we offer flexible loan repayment options. Here’s how you can repay your California probate loan:

Repay the loan from closing escrow using the sale proceeds
Refinance the property post-probate and pay off the advance
Repay the balance when estate assets are distributed

We don’t charge a prepayment penalty, so you can pay your loan off early at any time with no penalties or fees.

Client Testimonials

“We were very pleased with the service we received from Source Capital. Communication was clear and responsive, funding was quick, and terms were as agreed and proposed.”

Brian OverstreetPresident, Advera Health Analytics

“Sacha and his team were on point from our first call to funding. They were professional and easy to work with. We will definitely be using them for our future transactions”.

Mark O’ToolePresident, Pacific Coast Home Mortgage & Real Estate Inc.

“The staff at Source Capital has helped me create new income streams. They are consistent, direct and deliver every time.”

Michael KornAgent, Keller Williams Realty

“As a lender myself, working with Source Capital shows that there are still a lot of good people in our industry, and we will definitely be in connection to do future business together. Job well done.”

Anthony TrujilloMortgage Broker, Paramount Partners

“I have never dealt with a hard money lender before but I can tell you my experience with Source Capital was very positive. I highly recommend”

Courtney RothClient

“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”

Marianne BordognaAgent, Keller Williams Realty

“The team at Source Capital Funding was fantastic. Their professionalism, speed and solid loan terms is why I will be coming back to close more business with them.”

Sergio AbbudSenior Loan Officer, Better Rate Mortgage

“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”

Paul ElamOwner, San Diego’s Real Estate

“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game.”

Tyler HansonAssociate Broker, Cushman & Wakefield

“In all my years, I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!”

Greg ShieldsOwner, GSI Appraisals

“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”

Alvin FuchsAgent, Keller Williams Realty

“Highly recommend Source Capital Funding if you need money fast and you value efficiency. I will go back to them again if I need funding in the future. “

Kendall HeathClient

“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”

Andrew BellahOwner, The Bellah Group

“They are always so patient, helpful, and professional. and have helped me so much! This can be such a stressful process, but they make it all so easy.”

Lauren MarcusClient

“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”

Borna EftekariAgent, Farmers Insurance

Common Use Cases for Probate Loans & Estate Settlement Funding

In real-life scenarios, estate administrators and heirs rely on probate financing to keep estates solvent and preserve property value. A fast cash infusion can mean the difference between retaining a family home and losing it to foreclosure or fire-sale conditions.

Covering Estate Debts, Taxes & Mortgage Payments

Estates often come with debts and other financial responsibilities. Probate loans and estate settlement funding help you prevent tax liens and mortgage defaults to avoid foreclosure and keep creditors at bay before estate assets are sold.

Maintaining Family Property & Preventing Foreclosures

California probate loans provide the financing you need to pay insurance premiums, HOA dues, and keep up with maintenance and repairs. You can use your loan to keep a sentimental property in pristine condition or maintain property to maximize its sale value.

Sibling Buy-Outs to Retain Inherited Real Estate

When multiple heirs inherit a single property, one sibling can use the funds from a probate loan to buy out the other siblings at fair market value. This allows siblings to retain inherited real estate while ensuring everyone receives their fair share.

Financing Trust Loans & Inheritance Advances

Probate loans provide bridge funding for trusts pending full administration as long as the trust documents authorize loans. You can also use probate loans to advance individual inheritance shares without waiting for the trust to terminate or selling any real property.

Why Choose Source Capital for Probate and Estate Loans?

We have over 15 years of direct experience in California probate and estate financing, with unparalleled service, professionalism, and understanding of probate complexities. Join the thousands of Californians who select Source Capital for probate loans, from Orange County to Redding and beyond.

When you work with Source Capital, you can depend on:

Rapid Closings: Get approved typically within 24 hours and funded within days, not weeks.
No Hidden Fees or Surprises: We provide transparent lending and clarity on terms.
No Prepayment Penalties: Loans can be repaid anytime for maximum flexibility.
Direct Lender Advantage: We make quick decisions without middlemen delays.
Nationwide Reach: We have unparalleled experienced in funding probate loans across the United States.

Looking For Loans Secured by Trust-owned Property?

Is your property owned by a trust, rather than a family member? We can help. CA trust loans work just like estate loans. We’ll deposit money directly into the trust’s bank account where it can be distributed to beneficiaries. Get the same efficient, quick, and secure process.

California Probate and Estate Loans: FAQ

What Happens If the Estate Cannot Repay the Probate Loan?

Loans are secured by estate assets; thus, if repayment is not possible, collateral assets may be used to fulfill loan commitments.

What Are the Interest Rates for Probate Loans?

Source Capital offers competitive rates starting at 8.99%, ensuring affordable estate financing solutions throughout California.

How Quickly Can I Get a Probate Loan?

With streamlined procedures, Source Capital approves probate loans usually within 24 hours and funds them within days.

What Is the Difference Between a Probate Loan and an Advance?

A probate loan is secured against estate assets and is repaid after probate ends. An advance is a pre-disbursement of inheritance provided directly to heirs, often without collateral.

Can I Finance a Probate Sale?

Yes, Source Capital assists with financing probate sales by securing loans with estate assets, allowing quicker access to funds during the sale process.

How Much Money Can You Have and Avoid Probate in California?

In California, estates valued under $184,500 may avoid probate using simplified procedures, easing estate settlements for smaller estates.

Can an Executor Borrow Money from an Estate?

Executors can secure loans with estate assets for necessary expenses, enhancing estate management efficiency during probate proceedings.

How to Get Approved for a California Estate Loan

1. Apply Online

It takes minutes to complete our simple, online application to get prequalified for a loan.

2. Get Approval

After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.

3. Loan Funded

In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.

4. Pay Monthly

You make monthly payments via mail, phone or direct deposit. It’s that easy.

Get Funded Fast – Apply Today!

Provide us some brief information about your hard money needs and a decision maker will get back to you as soon as possible to discuss.

What We Offer

Same Day Approvals
Rates starting at 8.99% Interest
Poor Credit OK
No Debt to Income Requirements
No Prepayment Penalties
No Appraisal Fees
$100,000 to $5,000,000 Loan Amounts
Residential, Commercial, Industrial
1st & 2nd Trust Deeds
Up to 65% Loan-to-Value (LTV)
Up to 50% Combined LTV (2nd Loans)
Closings in 7-10 Days

NOTE: All loans are secured by real estate in AZ, CA, CO, TX and MN ONLY. We do not fund unsecured loans or loans for personal use. Please call us at 888.251.0861 if you are unsure of these parameters.

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