$334K New Construction SFR Purchase | Rialto, CA
By Hanover MC On February 29 2024
Closed: $334,000 1st TD, new construction SFR purchase, Rialto CA. 65% LTV, 1-yr term
Closed | Hard Money 1st Trust Deed — New Construction SFR Purchase
Rialto, CA 92376 · San Bernardino County
| Loan Amount | $334,000 |
| Loan Position | 1st Trust Deed |
| Property Type | SFR — New Construction |
| Location | Rialto, CA 92376 |
| Purpose | Purchase · Investment Acquisition |
| LTV | 65% of Purchase Price |
| Term | 1 Year |
| Underwriting | In-House |
| County | San Bernardino County, CA |
The transaction
A $334,000 hard money 1st trust deed was arranged on a newly constructed single-family residence in Rialto, CA 92376. The loan was structured for investment acquisition — business purpose only — at 65% of the purchase price in first lien position.
Underwriting was completed in-house by Hanover Mortgage Company. Custom loan documentation was ordered for this transaction. No loan committee.
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.
Transaction highlights
- First lien position
- 65% LTV on purchase price — conservative, asset-focused structure
- New construction SFR — clean title, no deferred maintenance
- Rialto, CA 92376 — Inland Empire, San Bernardino County
- In-house underwriting · Custom loan documents
- No loan committee — principal underwriter and funded by trust deed investors
- Business purpose loan · Investment acquisition
Why Inland Empire investors choose Hanover MC
The Inland Empire — San Bernardino and Riverside Counties — is one of Southern California's most active investment markets. Lower acquisition costs relative to Orange County and Los Angeles, strong rental demand, and ongoing new construction activity make cities like Rialto, Fontana, Ontario, and Rancho Cucamonga compelling targets for real estate investors.
Hanover Mortgage Company arranges hard money loans throughout the Inland Empire. No loan committee. In-house underwriting, direct principal review, and fast closings — built for competitive deal flow.
Frequently asked questions
Can I get a hard money loan for a new construction purchase in Rialto, CA?Yes. Hanover Mortgage Company arranged a $334,000 hard money 1st trust deed for a new construction SFR purchase in Rialto, CA 92376. Business purpose only. Call (714) 838-1474 x102.
What LTV does Hanover MC arrange on Inland Empire hard money purchase loans?This Rialto transaction was arranged at 65% of the purchase price. LTV varies by property type, condition, location, and deal structure. Call for current parameters.
Does Hanover MC arrange hard money mortgage loans in San Bernardino County?Yes — throughout San Bernardino County including Rialto, Ontario, Fontana, Rancho Cucamonga, Victorville, and surrounding Inland Empire communities. California licensed only.
Does Hanover MC charge upfront fees?No upfront fees. Broker fees may apply at closing unless otherwise stated.
Ready to discuss your next Inland Empire deal?Hanover Mortgage Company arranges hard money loans throughout San Bernardino County, Riverside County, Orange County, and greater California. No upfront fees. No loan committee.
(714) 838-1474 x102 · Apply Online →
Business purpose loans only · Subject to underwriting approval · California licensed only · Rates subject to change
(714) 838-1474 x102 · Apply Online →
Business purpose loans only · Subject to underwriting approval · California licensed only · Rates subject to change