Closed | Hard Money Construction Loan | Murrieta CA
By Hanover MC On May 4 2026
$110,000 hard money construction loan · New Fleetwood doublewide · Murrieta CA 92563 · 1st TD. Hanover MC.
Deal ClosedHard MoneyGround-Up ConstructionCash-OutManufactured Home
Closed Deal — Murrieta, California 92563
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. Fast close, no bank required.
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
Conventional lenders and most hard money firms in California routinely decline manufactured home financing. The combination of a cash-out ground-up construction loan, a mobile home park site, and a doublewide unit puts this deal outside the box for nearly every traditional underwriter.
The borrower 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. What they needed was a local lending company with the experience to properly structure this type of transaction.
Hanover MC structured a $110,000 cash-out construction loan in the 1st Trust Deed position — covering acquisition and installation of the new Fleetwood doublewide — closing where banks and conventional lenders wouldn't go.
Hanover MC's Authority on Manufactured Home Lending
Most hard money firms in Southern California — across Riverside County, San Diego County, and the Inland Empire — restrict their programs to non-manufactured SFR, multi-family, or commercial assets. Manufactured homes and mobile home park placements fall outside their guidelines entirely.
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, we want to assist with closing it. Apply for a free quote.
Frequently Asked Questions
Can you get a hard money loan on a manufactured home in California?
Yes. Hanover MC conducts business with authority for manufactured homes, mobile homes, and modular units across California. Most conventional lenders and many private firms decline these — we evaluate each deal on the asset and structure. 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 lending for manufactured homes in mobile home parks?
Yes. Hanover MC arranges lending 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?
Faster. Hanover MC is a private hard money specialist firm — not a bank. Contact us or call (714) 838-1474 x 102 to get started.
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.
Have a Manufactured Home Deal in California?
Hanover MC is a private hard money specialist firm arranging loans on manufactured homes, mobile homes, and modular properties statewide. Fast approvals, no upfront fees, 1st TD positions.
Get a Free Quote Today