Legal
Advertising Disclaimers
Last Updated: January 15, 2026
The following disclaimers apply to all advertising and marketing materials produced by Hillcrest Lending (NMLS #1964616, DRE #02114219), including this website, printed materials, email communications, social media posts, and any other media. Hillcrest Lending is licensed by the California Department of Real Estate as a Real Estate Broker.
DRE Advertising Regulations
Hillcrest Lending complies with the advertising requirements set forth by the California Department of Real Estate, including but not limited to the following regulations:
Broker Identification (B&P Code 10140.6)
All advertising by Hillcrest Lending includes the responsible broker's identity as licensed by the Bureau of Real Estate. Our DRE license number (02114219) is disclosed on all advertising materials.
Multi-Lender Disclosure (RE 559)
When arranging loans through multiple lenders, Hillcrest Lending provides the RE 559 disclosure as required. This disclosure informs borrowers that we may receive compensation from the lender for the referral of the loan and that the borrower may obtain a loan directly from the lender without paying a broker's commission.
Threshold Reporting (RE 858)
Hillcrest Lending complies with the DRE's multi-lender threshold reporting requirements under RE 858 when acting as a broker for trust deed investments. All required reports and disclosures are filed with the DRE in accordance with applicable deadlines and requirements.
Interest Rate and APR Disclosures
In compliance with the Truth in Lending Act (TILA) and Regulation Z (12 CFR Part 1026), the following disclosures apply when interest rates are advertised:
- When an interest rate is advertised, the corresponding Annual Percentage Rate (APR) is also disclosed. The APR reflects the total cost of the loan, including interest, points, and certain fees, expressed as an annual rate.
- Advertised rates are subject to change without notice and are not a commitment to lend. Your actual rate may differ based on your creditworthiness, property type, loan-to-value ratio, and other factors.
- Rate quotes provided on this website or in other materials are for illustrative purposes only and may not include all fees and costs associated with the loan.
Sample Payment Disclosure
Example: A $500,000 loan at 10.99% interest rate for 12 months with 2 points origination would have an estimated monthly interest-only payment of approximately $4,579.17. The APR for this example would be approximately 13.15%. This example is for illustrative purposes only. Actual rates, terms, and payments may vary. Points and fees are paid at closing and affect the APR. Additional fees such as appraisal, title, escrow, and recording fees are not included in this example.
Rates and Terms
All interest rates, loan terms, fees, and conditions advertised by Hillcrest Lendingare subject to change without notice. Rates shown are not a guarantee or commitment to lend.
The interest rate and terms available to any individual borrower will depend on a variety of factors, including but not limited to:
- Property type, condition, and location
- Loan-to-value ratio (LTV)
- Borrower's creditworthiness and financial strength
- Loan purpose (purchase, refinance, cash-out)
- Loan amount and term
- Market conditions at the time of application
- Investor requirements and availability
Final loan terms will be set forth in the borrower's loan documents, including the Promissory Note, Deed of Trust, and the Mortgage Loan Disclosure Statement (RE 882/883).
Equal Housing Lender
Hillcrest Lending is an Equal Housing Lender. We do not discriminate on the basis of race, color, religion, national origin, sex, familial status, disability, or any other characteristic protected by federal, state, or local law. For more information, see our Equal Housing Lender and Fair Lending Notice pages.
Investment Risk Disclosures
The following disclosures apply to all materials marketing trust deed investments or other investment opportunities offered through Hillcrest Lending:
Important Investment Risks
- No guarantee of returns: Past performance is not a guarantee of future results. Projected returns are estimates only and actual returns may be lower than projected, including the possibility of loss of principal.
- Illiquidity: Trust deed investments are illiquid. Your capital will be committed for the duration of the loan term and may not be readily accessible.
- Default risk: Borrowers may default on their loan obligations, which may result in delayed payments or loss of principal. While loans are secured by real property, the foreclosure process may take significant time and the property value may be insufficient to fully recover the investment.
- Market risk: Real estate values may decline, which could reduce the collateral coverage of the loan and increase the risk of loss in the event of a borrower default.
- Concentration risk: Investing in a single trust deed concentrates risk in a single borrower and property. Diversification across multiple investments may reduce but does not eliminate risk.
Regulation D / Rule 506(b) Disclaimer
Certain investment opportunities offered by Hillcrest Lending may be made pursuant to exemptions from registration under the Securities Act of 1933, including Rule 506(b) of Regulation D. These offerings:
Important Notices
- NOT FDIC INSURED
- NOT A BANK DEPOSIT
- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
- NO BANK GUARANTEE
- MAY LOSE VALUE
Investments in trust deeds and other real estate-secured instruments offered through Hillcrest Lending are not deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), or any other federal government agency.Hillcrest Lending is not a bank, savings institution, or credit union.
General Advertising Disclaimers
- This website and all marketing materials are for informational purposes only and do not constitute a loan commitment, offer to lend, or offer to sell securities.
- All loan programs are subject to borrower and property qualifications. Not all borrowers will qualify for all programs.
- Loan examples, case studies, and testimonials presented on this website represent past transactions and may not be representative of the experience of all borrowers or investors.
- Hillcrest Lending makes loans in the State of California only, secured by California real property.
- Processing times and closing timelines referenced in marketing materials are estimates based on typical transactions and are not guaranteed.
- Calculator results and rate estimates provided on this website are for educational purposes only and may not reflect actual terms available to you.
Regulatory Information
Hillcrest Lending
NMLS #1964616
Licensed by the California Department of Real Estate, DRE #02114219
Real Estate Broker
NMLS Consumer Access | California DRE
Phone: 949-656-4548
Email: corporate@hillcrestlending.com