$110K Cash-Out Construction Loan | Murrieta, CA
By Hanover MC On May 4 2026
Closed: $110,000 cash-out ground-up construction, new Fleetwood doublewide, Murrieta CA. 1st TD.
Deal ClosedHard MoneyGround-Up ConstructionCash-OutManufactured Home
Closed Deal — Murrieta, California 92563
By Hanover MC | May 4, 2026 | 2 min read | Riverside County, California
Hanover MC arranged a $110,000 hard money cash-out ground-up construction loan for a new Fleetwood doublewide in a Murrieta, CA senior community.
Loan Amount
$110,000
1st Trust Deed
Loan Position
1st TD
Senior lien
Property Type
MH / SFR
Mobile home park
Loan Type
Hard Money
Cash-out construction
Deal at a Glance
- Loan PurposeCash-Out Ground-Up Construction — Installation
- UnitNew Fleetwood Doublewide
- Property TypeManufactured Home — SFR
- Community TypeSenior Mobile Home Community
- LocationMurrieta, CA 92563
- Collateral1st Deed of Trust on Property
- BrandFleetwood Homes
Why Banks Passed — and Hanover MC Didn't
Manufactured home financing can be difficult to place through conventional lenders. In this case, the borrower had some past credit challenges and income that was harder to fully document — factors that can make it more difficult to qualify under conventional underwriting guidelines. Combined with the nature of the transaction itself — a cash-out ground-up construction loan on a doublewide unit in a mobile home park community — this was also a specialized product type that not all banks, credit unions, or conventional lenders are set up to facilitate — which is where a private money mortgage company like Hanover MC, with direct experience arranging financing for manufactured home and construction transactions, can typically step in.
The real estate investor had a clean deal: a new Fleetwood unit identified, a space secured in an established senior community in Murrieta, and a clear path to completion.
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.
Hanover MC arranged a $110,000 hard money cash-out construction loan for a new Fleetwood doublewide in a Murrieta, CA senior community. Apply Now
Hanover MC's Authority on Manufactured Home Lending
Manufactured home financing someimes falls outside the guidelines of many conventional lenders and a number of private money firms are not that comfortable with this asset class.. Properties in mobile home community settings — particularly for ground-up construction — require a private money mortgage company with direct experience structuring loans on this asset type. Hanover MC evaluates manufactured home transactions on the collateral, deal structure, and borrower position. Subject to underwriting approval.
Hanover MC conducts business with authority for these types of properties. We evaluate the asset, the deal structure, and the borrower's position — not a checklist that automatically excludes factory-built housing. Whether it's a cash-out ground-up construction loan, acquisition, or refinance, Hanover MC arranges it.. Contact us to discuss your scenario (714)838-1474 x 102
Frequently Asked Questions
Can you get a hard money loan on a manufactured home in California?
Hanover MC evaluates manufactured home transactions on the asset, deal structure, and borrower position. Subject to underwriting approval. Apply for a free quote.
What is a cash-out ground-up construction loan for a manufactured home?
It covers the acquisition, installation, and cash-out proceeds for a new manufactured unit placed on a prepared site. In this deal, the loan was secured by a 1st Deed of Trust on the property — a senior lien position — in a senior mobile home community in Murrieta, CA.
Does Hanover MC arrange financing for manufactured homes in mobile home parks?
Yes. Hanover MC arranges financing for manufactured home properties where the land is owned — including placements within senior communities and mobile home parks across Southern California, including Riverside County, San Diego County, and the Inland Empire.
How fast can Hanover MC close a hard money manufactured home loan?
Hanover MC arranges loans directly with no loan committee. Timeline varies by transaction and is subject to title, appraisal, and underwriting approval. Call (714) 838-1474 x102 to discuss your scenario.
What loan amount and position did Hanover MC use on this deal?
$110,000 in the 1st Trust Deed position — a senior lien on the manufactured home property in Murrieta, CA 92563. The loan covered cash-out proceeds for installation of the new Fleetwood doublewide replacing an older manufctured home.
Have a Manufactured Home Deal in California?
Hanover MC is a private hard money mortgage company arranging loans on manufactured homes, mobile homes, and modular properties statewide. No upfront fees. Mortgage broker fees may apply at closing. Business purpose loans only. Subject to underwriting approval. California licensed only.
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