Probate Loans &
Inheritance Loans

A probate loan is something you may want to consider if you have recently inherited real estate. Dealing with the loss of a loved one is hard enough. If you are financially dependent on them, it can be even harder. Sometimes probate can drag on for years and can be a complicated process. If you are inheriting real estate, we can provide a short-term form of financing that capitalizes on your real estate value. Wilshire Quinn provides probate loans up to $10M on real estate in California and nationwide. Please contact us to speak with a professional about probate loans and inheritance loans.

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Hard Money Lenders (Home) » Probate Loan

What is a probate loan?

A probate loan or sometimes called an estate loan allows you to borrow against real estate you are inheriting but do not have possession of yet. Probate loans are asset based, meaning we base our loan amounts on the value of real estate, such as an investment property, multifamily building, or commercial building, rather than strictly on your credit score and debt to income levels. You may receive funds in a week or two with your estate considered collateral for the loan. Generally probate loans are short term between 6 and 24 months.

Why might I consider a probate loan?

A probate loan can help in certain situations. Probate can be a lengthy process, sometimes lasting 6 months to 3 years. The assets from an estate cannot be distributed to the heirs until after the probate process is completed. A probate loan may allow the heir to borrow against the real estate they have inherited. Here are some benefits of getting a probate loan.

  • A probate loan is based on the equity in the property – personal credit and income are not a major factor.
  • Pay creditors, attorney costs and settle the estate rather than coming out of pocket
  • Keep the tax benefit
  • Buy out other heirs

– Probate Loan –

Settle Estate Obligations

– Probate loan –

Buyout Other Heirs

– Probate Loan –

Preserve Tax Value

Settling Estate Obligations With A Probate Loan

Probate is often a long process sometimes taking up to 3 years. During the probate process heirs may incur expenses like funeral costs, lawyer fees, settling outstanding debts, mortgage payments, taxes, and repairs to the property. A probate loan may allow the heir of the property to borrow against the equity of the property and pay these expenses without coming out of pocket. This could be a huge stress relief for people while dealing with an already stressful situation.

Buying Out Other Heirs With A Probate Loan

When there are multiple heirs inheriting real estate, it’s common for one party to want to maintain ownership while others want to sell their interests. If the heir who wants to keep the property does not have enough cash to buyout the other parties, then a probate loan may be a good solution. Through a probate loan, the heir can borrow based on the equity in the property to payoff the other parties. Hard money lenders like Wilshire Quinn offer fast funding for these types of loans.

Preserving Tax Value Of Property

When real estate is inherited, a common strategy by professional fiduciaries is to prevent a tax reassessment of the home. Many homes in the 1960’s and 1970’s were purchased for much less than current values, and the property taxes are based on the original purchase price. During probate, if the transfer of ownership triggers a property tax reassessment to today’s market value, the increase could be substantially more.
Getting a probate loan to buyout other heirs during probate, rather than after the distribution, may help avoid a tax reassessment. Please consult with your tax professional.

Need a Probate Loan?

Wilshire Quinn is experienced in working with professional fiduciaries and attorneys for probate financing. We lend on the equity of the inherited real estate rather than your personal credit score and income. We are a direct private money lender allowing us to fund probate loans in a matter of days.

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Loan Program

Probate Loans, Estate Loans & Inheritance Loans
Loan Amounts $200,000 to $10,000,000
Closing Time Typically 5-10 business days from application
Loan To Value Up to 60%
Interest Rates 8.5-12% fixed, interest-only
Loan Term 3-24 months

Here’s What Our Borrowers Are Saying

A Proven Probate Loan Lender, Lending Nationwide

It was a pleasure working with the Wilshire Quinn Capital team. The loan process was easy and smooth from start to finish. Clear communication and more importantly, they executed exactly how they set the initial expectation. Wonderful job all the way around.
Garrett Garner
Garrett Garner
23:30 13 Dec 21
Chris Garcia and Emily Mesetz were great to work with. They were always quick to respond and had excellent follow-up.
Andrea King
Andrea King
23:32 11 Nov 21
Refi for a hotel in a global pandemic, was a unique challenge, Matt and the team at Wiltshire Quinn Capital stepped up. The story of the PattersonInn.com continues.
Chris Chiari
Chris Chiari
17:21 08 Oct 21
I could not be happier with the professionalism and efficiency of Matthew Mielke at Wilshire Quinn Capital. He helped get a unique deal to the finish line. There was clarity and consistency from start to finish.
Trey Sublette
Trey Sublette
17:57 07 Oct 21
Matt and Jeremy at Wilshire got the deal done when others turned my client down. Professional, quick and offered great terms for my client. I highly recommend running your next deal by them.
Mathieu Pollenz
Mathieu Pollenz
18:33 09 Jul 21
Wilshire Quinn came through when other lenders couldn't. They were extremely responsive and turned everything around very quickly. Loan terms were very reasonable for a short-term bridge loan.
David Marcin
David Marcin
01:08 22 May 21
i love the way the speed of closing went
elliot moore
elliot moore
16:17 06 Apr 21
I love this company! They are fast, easy, but most off all, they fund when they produce a Letter of Intent. Thank you "team close quick'!
Timothy Thomas
Timothy Thomas
16:24 16 Mar 21
My experience of dealing with Wilshire Quinn Capital has been nothing short of excellent service and top notch talent . My loan was funded on time
Frank Meram
Frank Meram
17:03 10 Dec 20
It was great working with Wilshire Quinn Capital in San Diego. Their team is professional and hardworking. I had a a wonderful experience working with them and would work with them in the future!
Kate Swann
Kate Swann
17:00 10 Dec 20
Wilshire Quinn was great to work with, from start to finish everything was seamless! Would highly recommend.
Donald Kaminski
Donald Kaminski
01:08 10 Dec 20
We had an excellent time communicating with the principals at Wilshire Quinn and performed as we wished and exceeded all expectations. Chris and his team were professional from the start and we will look forward to doing business with them again.
James E. Levin
James E. Levin
01:14 03 Dec 20
Had a client who's successful business was impacted by Covid19...as such, income had been negatively affected, and our normal A-paper borrower was in a pinch to qualify for property purchase.Wilshire Quinn came to the rescue, and helped us close the loan on time and with minimal hassle.Our rep Matt was very helpful; answered and/all questions without hesitation, and never made us feel stupid for asking and clarifying things we didn't understand, or that needed more information.Wilshire Quinn helped us out and I would be happy to recommend their services to a friend in need of hard-money and limited other options.
Jon Engelhardt
Jon Engelhardt
21:45 11 Nov 20
Very easy to work with as a mortgage broker. Protects their clients.
Luke R. Johnson
Luke R. Johnson
20:19 05 Nov 20
Wilshire Quinn Capital, Inc. is definitely great at their follow-up. Always pro-active trying to get deals done!
Alicia Gandy
Alicia Gandy
18:18 15 Oct 20
I was very happy with Wilshire Quinn Capital. The company was a great hard money lender. Communication was clear, responsiveness was quick and the process was very straightforward. They funded my loan quickly and I truly appreciate it.
Elena Vizvary
Elena Vizvary
22:36 16 Sep 20
Wilshire Quinn is a great hard money lender that funded our loan quickly. Very reliable and delivered 100%
Bill Janis
Bill Janis
21:46 03 Oct 19
Wilshire Quinn has been a lending agency I, We, have utilized for the past 5+ years. The integrity of the entire company is professional, and the process of each phase of the lending is complementary to all parties involved. I highly recommend their services; small or in large lending capacity.
HBGS Treasurer
HBGS Treasurer
22:10 28 May 19
It was a pleasure to work with Wilshire Quinn Capital, Inc. They are highly professional, knowledgeable, responsive and quick to return calls. I was most impressed with the turnaround and how quickly and conveniently the escrow check was disbursed. This is my second time working with Wilshire Quinn on mortgage financing and have never been disappointed. I will recommend Wilshire Quinn to every person I know who is in need of financing.
RishiRia Barkataki
RishiRia Barkataki
22:08 13 May 19
Wilshire Quinn Capital funded my unique loan in a timely manner and with the upmost of professionalism. Their experience helped guide me through the process.
Nelson Genteel
Nelson Genteel
23:30 07 May 19
Have been a Broker in CA since 1980 and have enjoyed working with Chris and his staff for many years,
Louis Steinberg
Louis Steinberg
17:11 07 May 19
Wilshire Quinn gave me a competitive quote and followed up with a quick, hassle-free escrow and closing. I am happy with their service and would recommend them to friends and business associates.
Ron Gerber
Ron Gerber
17:44 04 May 19
Great hard money lender.
Patrick Wight
Patrick Wight
21:11 03 May 19
The Wilshire Quinn team did an excellent job in a short time frame. I feel their rates and ‘products’ are competitive. Where I feel they distance themselves from the competitors is their commitment to customer satisfaction. Every project has challenges and they are dedicated to working with their clients to ensure satisfaction, which is not commonplace in the market these days.
242 Baldwin
242 Baldwin
22:00 02 May 19
This is a superb company to do business with.The customer service is always fast and accurate and gets the job done..When we needed help we had it in record time (three different times) to solve our financial needs...We can't say enough good things about doing business with Wilshire Quinn. Marvin and Arde Harris
Arde Harris
Arde Harris
16:16 17 May 18
Wilshire Quinn was extremely professional and they have the staff to make sure all issues are addressed quickly.
I’ve dealt with them for 3 years and I’ve always had a great experience. No one should have any reservations about working with them.
arnie rissman
arnie rissman
21:36 15 May 18
I'm not one to typically write reviews but I was so impressed with Wilshire Quinn Capital's service I felt it needed to be shared. I'm a mortgage broker and I recently referred a client to Wilshire Quinn who didn't qualify for any of our programs and needed to fund quickly on a house. I spoke with Matt Mielke and he was not only able to provide a great loan for the client but funded it with time to spare! The client thanked me for connecting him with Matt and as that was the only way he could finance his dream home. It was nice to be able to refer a hard money lender that did what he said he was going to do. I highly recommend Wilshire Quinn Capital for any hard money lending.
Travis Smith
Travis Smith
20:45 21 Mar 18
The best!! They are trustworthy and professional. I highly recommend!!
Dan Fulkerson
Dan Fulkerson
23:26 19 Mar 18
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