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$200K Manufactured Home Fix & Flip | Colton, CA 92324

By Hanover MC On September 22 2023

$200K hard money fix & flip loan closed on a manufactured-style SFR in Colton, CA 92324 — 50% LTV, 12-month term. Inland Empire

Closed | Hard Money 1st TD — Manufactured Home Fix & Flip
Colton, CA 92324 · San Bernardino County

By Hanover MC | September 22, 2023 | 2 min read | San Bernardino County, California

 

Hanover MC arranged a $200,000 hard money rehab loan secured by a manufactured-style single-family residence in Colton, California (92324). The business-purpose loan provided the investor with capital to renovate the property for resale.

LOAN DETAILS

Property Type

Manufactured-Style SFR

Purpose

Fix & Flip / Rehab

Principal Amount

$200,000

Loan-to-Value

50% — Based on After-Repair Value (ARV)

Lien Position

First Trust Deed

Term

12 Months

Payments

Principal & Interest

County

San Bernardino County, CA

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.

 ABOUT COLTON, CALIFORNIA

Nicknamed "Hub City," Colton is strategically located in the heart of California's Inland Empire — one of the fastest-growing real estate markets in the state. Situated in San Bernardino County near the base of the San Gorgonio Mountains, Colton's freeway access and proximity to major distribution corridors continue to attract real estate investors seeking affordable fix-and-flip opportunities with strong resale upside.

FREQUENTLY ASKED QUESTIONS

Can you get a hard money loan on a manufactured home in California?

Conventional financing for manufactured-style properties can be difficult to obtain. Hanover MC arranges private capital funded by trust deed investors for situations where traditional lending may fall short. Learn more about our hard money loan programs.

What should I know about hard money loans in the Inland Empire?

Hard money loans arranged through Hanover MC may offer more flexibility on timing and property type compared to conventional financing — making them a consideration for fix-and-flip investors in Colton, San Bernardino, and throughout the Inland Empire. These loans are funded by private beneficiaries seeking returns backed by California real estate — learn more on our Trust Deed Investors page →.

What is a trust deed investment?

Trust deed investors provide the private capital behind Hanover MC's loan arrangements — seeking returns backed by California real estate. Much of that capital funds business-purpose loans, including recent fix-and-flip financing for investors in Colton, San Bernardino, and surrounding Inland Empire communities.

What hard money loan programs does Hanover MC offer?

We arrange bridge loans, term loans, and permanent loans for real estate investors throughout California. Business-purpose only.

 

READY TO GET STARTED?

If you're working on a fix-and-flip, rehab, or investment property in the Inland Empire — including manufactured or non-warrantable properties — contact Hanover MC today.

714-838-1474 x102  |  hanovermc.com

Business-purpose loans only. Borrowers and properties must qualify. Conditions and restrictions apply. Not a commitment to lend.

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DISCLAIMER
Hanover Mortgage Company is California licensed only. Real Estate Broker – California Department of Real Estate. Broker License #01410448 │ NMLS I.D. Number: 337458. INTEREST RATES CAN CHANGE WITHOUT NOTICE. ASK US FOR CURRENT RATE INFORMATION. BORROWERS AND PROPERTIES MUST QUALIFY. CONDITIONS AND RESTRICTIONS MAY APPLY. Loan programs, amounts, rates and terms are subject to change without notice. Loan approval is not guaranteed and all loan applications are subject to verification of acceptable credit, income, employment, lien position and value of collateral in the sole discretion of Hanover Mortgage Company. Flood and/or property hazard insurance may be required. Additional fees, conditions, restrictions and limitations may apply. Not all programs are available in all areas. The interest rate for adjustable rate mortgage loans is subject to increase. Please contact Hanover Mortgage Company to determine your eligibility for a specific loan product. Hanover Mortgage Company does not offer financing for those transactions defined as ‘Covered Loans’ or ‘High Cost Loans’ in any state or federal law. Hanover Mortgage Company is a Mortgage Broker. Mortgage Broker fees will apply unless stated otherwise. Disclosure: Money invested through a mortgage broker is not guaranteed to earn any interest or return and is not insured. State law dictates that we acknowledge that interest on trust deeds is not guaranteed. No investment is completely risk free and past performance is not a guarantee of future results. Before investing, investors must be provided applicable disclosure documents. Investment Products: Are Not FDIC Insured • Are Not Bank Guaranteed • May Lose Value • Are Not a Deposit • Are Not Insured by Any Federal Government Agency. Investments arranged through Hanover Mortgage Company are not insured or guaranteed. All investments carry inherent risks, including the potential loss of principal. Past performance is not indicative of future results.