Cash-Out Loan Closed | Duplex | Sacramento
By Hanover MC On June 21 2023
Closed: $100K cash-out loan, residential duplex, Sacramento CA. 28% LTV, 1st TD, 60-mo term.
H
Hanover MC
Private Money & Trust Deed Lending
By Hanover MC | June 21, 2023 | 2 min read | Sacramento County, California
Closed Deal · Sacramento, CA · Sacramento County
Hard Money Cash-Out Loan Closed on Residential Duplex in Sacramento, CA
$100,000 first trust deed, 28% LTV, covering repair reimbursement, future improvements, and a maintenance reserve on a residential duplex.
Hanover MC arranged a $100,000 hard money cash-out loan secured by a residential duplex in Sacramento, CA, closing at 28% loan-to-value in first trust deed position with a 60-month term. With capital provided by private trust deed investors, the loan reimbursed repairs already made to the property, funded improvements still to be made, and set aside reserve funds for future maintenance.
$100K
Loan Amount
28%
LTV As-Is
1st TD
Position
60 mo
Term
The Deal
This cash-out loan, secured by a residential duplex in Sacramento, CA, provided reimbursement for repairs already made to the property, funds for improvements still to be made, plus reserve funds for future maintenance of the property.
The loan closed as a first trust deed in Sacramento County with a 60-month term on principal and interest payments, at 28% loan-to-value against the as-is value of the property.
Figures describe this specific, previously closed transaction only — not a quote or commitment to lend. Every borrower and property is underwritten on its own terms.
Loan Snapshot
- Property typeResidential Duplex
- PurposeCash-Out — Improvements
- Loan-to-value (as-is)28%
- PositionFirst Trust Deed
- Term60 Months
- PaymentsPrincipal & Interest
- CountySacramento County, CA
- Principal amount$100,000
About Sacramento, CA
Sacramento, the capital of California, sits at the confluence of the Sacramento and American rivers. The Old Sacramento district preserves the city's Gold Rush-era roots with wooden sidewalks and wagon rides, and is home to several museums, including the California State Railroad Museum, which traces the construction of the Transcontinental Railroad, one of the country's earliest major technological achievements.
Source: Google.
Why Investors Use Hanover MC in Sacramento County
Single Focus
Arranging private money lending and trust deed investing — not split across property management, HOA administration, or brokerage sales.
Asset-Based Underwriting
Decisions are based on property equity, with lite documentation rather than full bank-style underwriting.
Flexible Cash-Out Structures
Comfortable sizing loans around specific needs — repair reimbursement, planned improvements, and maintenance reserves.
Private Money Mortgage Company
Hanover MC arranges loans on behalf of private trust deed investors who provide the capital.
Frequently Asked Questions
What property secured this Sacramento, CA loan?
A residential duplex in Sacramento, CA, used as collateral for a cash-out hard money loan.
What was the purpose of the loan?
A cash-out loan that reimbursed the owner for repairs already made to the property, funded additional improvements still to be made, and set aside reserve funds for future maintenance.
What is the Loan-to-Value (LTV) on this transaction?
The loan closed at 28% LTV (as-is value), in first trust deed position, with a 60-month term on principal and interest payments.
Why was the LTV on this loan so low?
At 28% loan-to-value, this represents a conservative leverage position relative to the property's as-is value, which is common when a loan is sized around specific reimbursement, improvement, and reserve needs rather than maximum available equity.
Who funded this loan?
This loan was funded through private trust deed investors, arranged by Hanover MC. Hanover MC is a private money mortgage company.
Is this loan available for personal or owner-occupied use?
This specific loan was for an investment property. Hanover MC does arrange owner-occupied loans when the loan is for a business purpose. Loans for personal, family, or household (consumer) use are not offered.
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Hanover Mortgage Company arranges loans on behalf of private trust deed investors. All loans are business purpose only. No consumer loans. California real estate only. This is not an offer to lend. Loan programs, amounts, rates, and terms are subject to change without notice. Borrowers and properties must qualify. Conditions and restrictions may apply. Not all programs available in all areas. Not a commitment to lend. All transactions subject to underwriting and investor approval. 1st, 2nd, and 3rd trust deed positions available. California license information for Hanover Mortgage Company is available at hanovermc.com.