Hard Money Loan Arranged | Clearlake CA | Lake County Rural SFR |
By Hanover MC On August 7 2023
A Hard Money Blanket Loan Closed On Four SFR/ Manufactured Home In Clearlake, CA 95422
Arranged & Closed — August 2023
Hard Money Blanket Loan Arranged on Four SFR Investment Properties — Clearlake, Lake County CA 95422
$275,000 · Business Purpose · Private Trust Deed Capital · Asset-Based · 56% LTV · 1st Trust Deed · 60-Month Term
Arranged by Hanover Mortgage Company on behalf of private trust deed investors. Business purpose only. Not a consumer loan. California real estate only.
$275,000
Principal amount
56% LTV
Loan-to-value
1st TD
Trust deed position
60 Mo.
Loan term (P&I)
4 SFRs
Cross-collateralized
95422
Clearlake, Lake County CA
About this transaction
Hanover Mortgage Company arranged a $275,000 hard money blanket loan secured by four single-family residence (SFR) and manufactured home investment properties in Clearlake, Lake County, California 95422. Capital was sourced from private trust deed investors — not a bank.
A seasoned real estate investor used the proceeds to acquire and renovate additional investment dwellings — a fix-and-hold rental strategy. This is a business purpose transaction only. No consumer use.
The deal was structured as a blanket loan — one first trust deed secured across all four properties simultaneously — allowing the investor to unlock equity from the entire portfolio in a single close rather than four separate loans. Private trust deed capital closed it.
Loan details
| Loan type | Hard money blanket loan — business purpose |
| Purpose | Investment capital — fix and hold / rental acquisition |
| Transaction type | Refinance |
| Collateral | Four SFR / manufactured home investment properties |
| Location | Clearlake, Lake County, CA 95422 |
| Principal amount | $275,000 |
| Loan-to-value (LTV) | 56% |
| Trust deed position | First trust deed (1st TD) |
| Loan term | 60 months — principal & interest payments |
| Capital source | Private trust deed investors — not a bank |
| Arranged by | Hanover Mortgage Company |
About Clearlake & Lake County, California
Clearlake is a city in Lake County, Northern California, situated on Clear Lake — the largest natural freshwater lake in California and one of the oldest lakes in North America. Known as the "Bass Capital of the West," it draws outdoor recreation investors and real estate buyers seeking affordable SFR and rural markets underserved by traditional lenders.
Lake County sits approximately two hours north of the San Francisco Bay Area. Traditional banks frequently decline rural, manufactured home, and multi-collateral investment loans in this market — making private trust deed capital the primary financing source for local real estate investors. Hanover Mortgage Company arranges loans throughout Lake County and all rural California markets where conventional financing falls short.
Frequently asked questions
Who arranges hard money loans in Lake County and Clearlake, CA?
Hanover Mortgage Company arranges hard money loans on rural and investment properties throughout California including Lake County and Clearlake CA 95422. All loans are business purpose only, arranged on behalf of private trust deed investors. Call (714) 838-1474.
What is a hard money blanket loan and how does it work in California?
A hard money blanket loan is a single loan secured by two or more investment properties simultaneously under one trust deed. It allows a real estate investor to unlock equity across an entire portfolio in one transaction. Business purpose only. Hanover Mortgage Company arranges blanket loans statewide in California in 1st, 2nd, and 3rd trust deed positions.
Can I get a hard money loan on a rural or manufactured home property in California?
Yes. Hanover Mortgage Company arranges hard money loans on rural properties, manufactured homes, SFRs, and mixed collateral across California — including Lake County markets where banks typically will not lend. Business purpose investment transactions only.
Do I need tax returns or income verification for a hard money loan?
No. Hard money loans arranged by Hanover Mortgage Company are asset-based. Underwriting focuses on the property's value and equity — not tax returns, W-2s, or credit score minimums. Although lite doc is required. Business purpose transactions only. Call (714) 838-1474 to discuss your deal.
What trust deed positions does Hanover Mortgage Company arrange?
Hanover Mortgage Company arranges 1st, 2nd, and 3rd trust deed positions on business purpose real estate loans throughout California. All loans are arranged on behalf of private trust deed investors.
Private trust deed investorsBusiness purpose onlyCalifornia real estate1st trust deed positionNo consumer lendingAsset-based underwritingRural / Lake County eligible
Have a deal in Lake County or anywhere in California?
Business purpose · Rural & urban properties · 1st, 2nd & 3rd TD · Asset-based · No bank qualifying · Private capital ·
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. All transactions subject to underwriting and investor approval. 1st, 2nd, and 3rd trust deed positions available. DRE licensed. This page is for informational purposes only.