Hard Money Land Loan — Linda, CA 95901 | Hanover MC
By Hanover MC On April 22 2025
$385,000 hard money cash-out refi · vacant commercial land · Linda, CA 95901 · Yuba County · 50% LTV · 1st TD. Hanover MC
HANOVER MORTGAGE COMPANY · CLOSED TRANSACTION · LINDA, CA
Hard Money Cash-Out Refinance — Vacant Commercial Land — Linda, CA 95901
Yuba County, California · 1st Trust Deed · Arranged by Hanover Mortgage Company
Loan Summary
|
Loan Amount |
$385,000 |
|
Loan Position |
1st Trust Deed |
|
Loan Purpose |
Cash-Out Refinance |
|
Property Type |
Vacant Commercial Land |
|
Location |
Linda, CA 95901 — Yuba County |
|
LTV |
50% of As-Is Appraised Value |
|
Term |
18-Month Balloon |
|
Underwriting |
In-House |
|
Loan Committee |
None |
Hard Money Land Loan Closing — Linda, CA 95901
Hanover Mortgage Company arranged a $385,000 hard money 1st trust deed cash-out refinance on vacant commercial land in Linda, CA 95901, located in Yuba County, California. The loan was structured for business purpose use at 50% of the as-is appraised value.
Underwriting was completed in-house by Hanover Mortgage Company. Custom loan documentation was ordered for this transaction. There was no loan committee. Business purpose only.
Capital for this transaction was provided by private beneficiaries participating in the trust deed. Hanover Mortgage Company is a California DRE-licensed private money mortgage company arranging loans with capital from private trust deed investors throughout California. Investments are not guaranteed. All investments carry risk including potential loss of principal. For accredited investors only.
Loan Structure — Vacant Commercial Land · Yuba County
• 1st trust deed position — senior lien on vacant commercial land
• 50% LTV on as-is appraised value — asset-based underwriting
• Vacant commercial land — Yuba County, Northern California
• 18-month balloon term
• In-house underwriting by Hanover Mortgage Company
• No loan committee
• No upfront fees. Mortgage broker fees may apply at closing.
• Business purpose only
• Capital provided by private trust deed investors
Linda, CA 95901 — Yuba County Real Estate Context
Linda is an unincorporated community in Yuba County, California, located in the Sacramento Valley approximately 40 miles north of Sacramento. The area sits adjacent to Marysville along the Feather River corridor and is accessible via Highway 20 and State Route 70. Yuba County is one of California's original 27 counties, established in 1850.
Yuba County has seen increasing activity in commercial land transactions as Sacramento Valley development corridors expand northward. Vacant land in the Linda area has been the subject of business purpose lending activity as borrowers access existing equity on unimproved commercial parcels where conventional financing is typically unavailable.
Hanover Mortgage Company is a California DRE-licensed private money mortgage broker arranging hard money and private money loans on vacant land, commercial properties, and investment real estate throughout Northern California and statewide. California licensed only.
Frequently Asked Questions
Can I get a hard money loan on vacant commercial land in Yuba County?
Hanover MC arranged a $385,000 hard money 1st trust deed cash-out refinance on vacant commercial land in Linda, CA 95901. Business purpose only. No upfront fees. Mortgage broker fees may apply at closing. Call (714) 838-1474 x102 to discuss your scenario.
What LTV does Hanover MC use on vacant land loans?
This transaction was arranged at 50% of the as-is appraised value. LTV varies by property type, location, and deal structure. Loan programs, rates, and terms are subject to change without notice. Call for current parameters.
Does Hanover MC arrange hard money loans on vacant land in Northern California?
Yes. Hanover Mortgage Company arranges hard money on vacant land, commercial parcels, and investment properties throughout Northern California including Yuba County, Sutter County, Sacramento County, and surrounding areas. California licensed only. Business purpose only.
Does Hanover MC have a loan committee?
No loan committee. Principal reviews each deal directly. Benie approved.
Does Hanover MC charge upfront fees?
No upfront fees. Mortgage broker fees may apply at closing. Hanover Mortgage Company does not charge fees prior to loan closing.
Can accredited investors participate in this type of trust deed investment?
Hanover Mortgage Company arranges trust deed investment opportunities for accredited investors on a fractional or whole loan basis. Investments are not guaranteed. All investments carry risk including potential loss of principal. For accredited investors only. Please consult your financial and legal advisors before investing.
Hard Money Land Loans — Northern California
Hanover Mortgage Company is a California DRE-licensed private money mortgage company arranging hard money loans throughout California. No upfront fees. No loan committee. Business purpose only.
(714) 838-1474 x102 · hanovermc.com · Apply Online
Business purpose loans only · Subject to underwriting approval · Rates and terms subject to change without notice · California licensed only · CA DRE #01410448 · NMLS #337458
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