Land Acquisition Loan Closed | Temecula, CA
By Hanover MC On August 29 2023
Hanover MC arranged a $79,000 land acquisition loan in Temecula, CA. 9.8 acres · 50% LTV · 1st Trust Deed.
Land Acquisition Loan Closed in Temecula, California
Hanover MC arranged a $79,000 hard money loan for the acquisition of 9.8 acres of agricultural and residential land in Temecula, CA, slated for a single-family residence improvement — funded through private trust deed investors.
This loan provided acquisition funds against the parcel, located in the heart of Southwest Riverside County's wine country, where demand has continued to strengthen. The regional market reported 707 sold transactions, 408 active listings, and 177 pending contracts as of June 2026, with average days on market dropping 34% as buyer demand rises. (Source: Exploring Temecula)
Temecula is known for its championship golf courses, scenic hot-air ballooning, and award-winning wineries spread across the surrounding wine country, with the historic Old Town district offering antique shopping and dining nearby.
Loan Snapshot
- Property Type: Agricultural & Residential Land
- Purpose: Acquisition (Standard Purchase)
- Loan-to-Value (As Is): 50%
- Position: First Trust Deed
- Term: 36 Months
- Payments: Principal & Interest
- Location: Riverside County, CA
- Principal Amount: $79,000.00
Call (714) 838-1474 | Apply at hanovermc.com
Frequently Asked Questions
What type of property does this loan involve in Temecula, CA?
The loan was arranged against 9.8 acres of agricultural and residential land in Temecula, CA, intended for a future single-family residence improvement.
What was the purpose of the loan?
This was a standard purchase / acquisition loan, providing funds to acquire the land.
What is the Loan-to-Value (LTV) on this transaction?
The loan closed at 50% LTV (as-is value), in first trust deed position.
Who funded this loan?
This loan was funded through private trust deed investors, arranged by Hanover MC. Hanover MC is a California-licensed private money mortgage company.
What types of properties does Hanover MC arrange hard money financing on in Riverside County?
Hanover MC arranges hard money financing on residential, agricultural, commercial, and mixed-use properties — including blanket and cross-collateral loans — throughout Riverside County and Southern California. All loans are business-purpose only.
Is this loan available for personal or owner-occupied use?
No. This loan is for business and investment purposes only and is not available for consumer purposes.
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Call (714) 838-1474 | Apply at hanovermc.com
Hanover MC is a California-licensed private money mortgage company. Loans are arranged through, and funded by, private trust deed investors. Business-purpose and investment real estate only. Not available for consumer purposes. All loans subject to underwriting approval and property valuation.