Hard Money Loan Closed | Ventura, CA
By Hanover MC On September 12 2023
$1,170,000 cross-collateral hard money loan closed in Ventura, CA. 55% LTV · 1st Trust Deed · Business purpose only
Hard Money Loan Closed in Ventura, California
Hanover MC arranged a $1,170,000 cross-collateral hard money loan on three investment properties in Ventura, CA 93003 — funded through private trust deed investors.
The loan was secured against one commercial building and crossed against two residential SFR investment properties in Ventura County. Proceeds provided restructuring capital for a maturing loan and positioned the commercial building for disposition.
(714) 838-1474 x102 | Apply at hanovermc.com
Business-purpose and investment real estate only. Not available for consumer purposes or owner-occupied residences. All loans subject to underwriting approval and property valuation. Not a commitment to lend or an offer to extend credit. Loan programs, rates, and terms are subject to change without notice.
Transaction Details
| Loan Type | Cross-Collateral Hard Money Loan |
| Purpose | Restructuring Capital |
| Principal Amount | $1,170,000 |
| Loan-to-Value (As Is) | 55% |
| Lien Position | First Trust Deed |
| Term | 24 Months |
| Payments | Principal & Interest |
| Property Types | Commercial Building + 2 Residential SFRs |
| County | Ventura County, California |
About the Ventura, CA Real Estate Market
Ventura — officially San Buenaventura — sits along the Pacific Coast between Los Angeles and Santa Barbara, making it one of Southern California's most active investment markets. Ventura County's May 2026 market recorded 545 closed sales at a $920,000 median price, with county-wide values up 5.1% year over year. Homes in the city of Ventura are selling at a median of $899,000, with price per square foot up 6.3% from the prior year.
For investors and business-purpose borrowers, rising values, coastal demand, and limited inventory make Ventura County a strong environment for private lending secured by real estate.
Why Hanover MC for Ventura County Hard Money Loans
Hanover MC is a California-licensed mortgage broker arranging hard money loans for investors and business-purpose borrowers throughout Ventura County and Southern California. Loans are funded by private trust deed investors — no loan committees, no upfront fees.
- No Loan Committee
- No Upfront Fees
- Full-Picture Underwriting — we start with the property's value, equity, and position, and look at every deal on its own terms
- 1st Trust Deed Position
- Commercial & Residential SFR — mixed-use and blanket structures available
Frequently Asked Questions
What is a cross-collateral hard money loan?
A cross-collateral hard money loan uses more than one property as collateral to secure a single loan. In this transaction, one commercial building and two residential SFR investment properties in Ventura County were pledged together to support the $1,170,000 loan. This structure is common when a borrower needs to leverage equity across a portfolio rather than a single asset. All loans are subject to underwriting approval and property valuation.
Who can qualify for a hard money loan in Ventura County?
Hard money loans arranged by Hanover MC are available for business-purpose and investment real estate transactions only. Approval is based primarily on the value and equity in the collateral property — not W-2 income, tax returns, or debt-to-income ratio. Not available for consumer purposes.
How fast can a hard money loan close in Ventura, CA?
Closing timelines vary by transaction complexity, title, and escrow. Hanover MC arranges loans without a loan committee, which removes a common source of delay. Contact us directly for a timeline specific to your deal.
What types of properties does Hanover MC arrange hard money financing on in Ventura County?
Hanover MC arranges hard money loans on residential investment properties, commercial buildings, and mixed-use or multi-property structures including blanket and cross-collateral loans throughout Ventura County and Southern California. All loans are business-purpose only.
Who funds Hanover MC hard money loans?
Loans arranged by Hanover MC are funded by private trust deed investors. Money invested through a mortgage broker is not guaranteed to earn any interest or return and is not insured. Interest on trust deeds is not guaranteed. All investments carry inherent risk, including potential loss of principal.
How do I get started?
Call our office at (714) 838-1474 x102 or apply online at hanovermc.com/apply. Hanover MC is a California-licensed real estate broker. DRE License #01410448 | NMLS #337458.
Have a deal in Ventura County? Let's talk.
(714) 838-1474 x102
hanovermc.com