Closed 2nd Private Mortgage Deal Spotlight

By G. David Lapin On November 4 2025

Second Trust Deed on Single-Family Rental Residence in Tiburon, CA 94920

Deal Overview

HanoverMC is pleased to announce a past successful closing of a $325,000 Second Trust Deed secured by a single-family residential property located in Tiburon, California.
This business-purpose loan was structured as a cash-out refinance, providing the borrower with quick access to liquidity secured by strong protective equity in a highly desirable Marin County neighborhood.

Lien Position: Second Trust Deed (2nd TD)

Loan Amount: $325,000

CLTV: 50% of “As-Is” appraised value

NO PPP

Use of Funds: Business Purpose / Cash-Out Refinance

Amortization: Interest Only

Term: 5-Year Balloon

Why This Deal Made Sense

This Tiburon property offered exceptional collateral strength with low combined leverage and significant protective equity. The borrower required quick, flexible financing—something traditional lenders couldn’t provide under tight timeframes.

HanoverMC structured a make-sense 2nd Trust Deed solution that allowed the borrower to unlock equity while maintaining a conservative risk profile for the trust deed investor.

Why Borrowers Choose HanoverMC?

We continue to see strong demand for hard money 1st and 2nd Trust Deeds in premium California markets like Tiburon, Marin County, and the greater Bay Area. Hanover delivers:

Speed and flexibility

Common-sense underwriting

Transparent loan structures backed by real equity

Whether you’re seeking a 1st, 2nd, or 3rd trust deed loan, or interested in trust deed investments, HanoverMC is your trusted arranger of private lending resource.

For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 ext. 102 or visit our:www.hanovermc.com

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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.

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