General Company Information
- Website: https://rockpointprobate.com/
- Market Coverage: United States, with specific resources for states like California.
Company Overview
Rockpoint Probate provides immediate access to inheritance funds for beneficiaries and heirs waiting for the probate process to conclude. The company offers probate advances, also known as probate loans, which act as a financial bridge to help cover expenses during the often lengthy court process. Rockpoint Probate positions itself as a direct funding source, ensuring a streamlined process without brokerage fees.
Services and Products
Rockpoint Probate specializes in offering probate advances, which are distinct from traditional loans. This service allows heirs to receive a portion of their expected inheritance upfront.
Key Service Features:
- Immediate Cash Flow: Provides funds to cover urgent expenses like legal fees, funeral costs, property taxes, or personal debts.
- Estate-Focused Approval: Qualification is based on the projected value of the estate, not the applicant’s personal credit history or employment status.
- No Monthly Payments: The advance is repaid in a single sum directly from the heir’s share of the inheritance once probate closes.
- Fast Funding: After approval, funds can be sent as soon as the same day.
- Unrestricted Use: Heirs can use the advanced funds for any purpose without restrictions.
Financial Information
- Advance/Loan Type: Probate Advance (Non-recourse funding).
- Interest Rates/Fees: Terms and fees are outlined in a contract agreement before signing. As a direct lender, they offer competitive rates without broker fees.
- Repayment Terms: The advance is repaid directly from the estate distribution at the end of the probate process.
- Non-Recourse Funding: If the heir does not ultimately receive their inheritance, they owe nothing back to Rockpoint Probate.
- Eligibility Criteria: Approval depends on the estate’s value and the applicant’s expected share, not personal credit.
Testimonials/Reviews
Rockpoint Probate showcases positive customer feedback, highlighting their professionalism, efficiency, and helpfulness.
- BBB & Google Reviews: The website features logos for BBB and Google Reviews, indicating a focus on customer satisfaction.
- Customer Feedback: Clients like David L. and Margaret P. praise the company for its “professionalism and friendliness” and “quick & easy” process, especially during times of hardship. Others note the service is “seamless” and “efficient.”
Application Process
The company offers a simple, three-step process to access inheritance funds.
1. Apply Online or Call
- Start by filling out a simple application form on the website or calling their 24/7 phone line.
- Provide basic information about yourself and the estate.
2. Case Review
- The Rockpoint Probate team quickly reviews the probate documents.
- An offer is provided based on the value of your share of the inheritance.
3. Receive Funds
- Once the agreement is signed, funds can be sent directly to your bank account, often on the same day.
Why Choose Rockpoint Probate?
- Direct Funding: Avoids brokerage fees and speeds up processing times.
- Reliable Support: Customer service is available to guide you through the process.
- Risk-Free: The non-recourse model means you only repay if you receive your inheritance.
- Speed and Efficiency: The streamlined process provides funds when you need them most, without slowing down the court’s timeline.