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Have a client who is a successor trustee or a beneficiary of a trust in California? Can an irrevocable trust get a loan? Yes!
Irrevocable trust loans are commonly needed to divide interest in real estate between beneficiaries. California irrevocable trust loans give the beneficiary the ability to obtain Prop 58 and prevent a reassessment of the current property taxes.
North Coast Financial is an experienced hard money lender providing trust loans in California.
The irrevocable trust loan is made to the trust directly. This allows the property title transfer to be parent to child as opposed to sibling to sibling (necessary for Prop 58).
North Coast Financial also provides probate & estate loans: How to refinance inherited property to buy out heirs
Contact North Coast Financial for additional information:
North Coast Financial, Inc.
2424 Vista Way #202
Oceanside, CA 92054
760-722-2991
jeff@northcoastfinancialinc.com
Irrevocable trust loans are commonly needed to divide interest in real estate between beneficiaries. California irrevocable trust loans give the beneficiary the ability to obtain Prop 58 and prevent a reassessment of the current property taxes.
North Coast Financial is an experienced hard money lender providing trust loans in California.
The irrevocable trust loan is made to the trust directly. This allows the property title transfer to be parent to child as opposed to sibling to sibling (necessary for Prop 58).
North Coast Financial also provides probate & estate loans: How to refinance inherited property to buy out heirs
Contact North Coast Financial for additional information:
North Coast Financial, Inc.
2424 Vista Way #202
Oceanside, CA 92054
760-722-2991
jeff@northcoastfinancialinc.com
