Closed | Hard Money Loan | Contractor's Storage Yard | Vista CA |
By Hanover MC On May 6 2026
$1,485,000 hard money 1st TD · Contractor's storage yard · Vista, CA · 54% LTV · Business purpose.
Hard Money Loan — Contractor's Storage Yard, Vista, CA 92083
North San Diego County, California · 1031 Purchase · Arranged by Hanover Mortgage Company
Loan Summary
| Loan Type | Hard Money 1st Trust Deed |
| Principal Amount | $1,485,000 |
| Loan Purpose | 1031 Purchase |
| Property Type | Special Purpose Commercial — Contractor's Storage Yard |
| Amortization | 40 Years |
| Balloon | 3 Years |
| LTV | 54% |
| Location | Vista, CA 92083 |
| County | San Diego County, California |
About Vista, California
Vista is a city in North San Diego County, California, located inland from Carlsbad and adjacent to Oceanside, San Marcos, and Escondido. The city covers approximately 19 square miles and had a population of approximately 101,000 as of the 2020 census. Vista, CA 92083 borders San Marcos to the east, Oceanside to the west, and sits approximately 35 miles north of downtown San Diego — making it a consistent hard money lending market for Hanover MC.
Vista sits within one of the most active industrial and construction corridors in San Diego County — a market with consistent demand for contractor storage, equipment yards, and special purpose commercial real estate. Institutional lenders are often unable to compete on timeline or underwriting flexibility for these asset types.
About This Closing
Hanover Mortgage Company arranged a $1,485,000 hard money 1st trust deed on a contractor's storage yard located in Vista, CA 92083. The loan was structured as a 1031 Purchase, with capital provided by private beneficiaries. 40-year amortization. 3-year balloon. 54% LTV.
This is a special purpose commercial property — a contractor's storage yard configured for a specific industrial use. Transactions like this move out of conventional lending territory due to the property type, timeline requirements, and limited comparable sales. Hanover MC evaluated the deal on collateral, borrower exit, and ability to service the debt.
The borrower needed acquisition financing before proceeds were available. Private money arranged through a DRE-licensed broker filled that gap.
Hanover Mortgage Company is a California DRE-licensed private lending company based in Tustin, CA that arranges and places business purpose private money loans with capital from private beneficiaries throughout Southern California. No banks. No loan committees.
Have a similar scenario in San Diego County? Call (714) 838-1474 x102 — no upfront fees, business purpose loans only.
Why Investors Use Hard Money for 1031 Purchases
Conventional lenders generally cannot accommodate the timeline requirements of a 1031 Purchase — particularly when the replacement property must close quickly. Private money arranged through a DRE-licensed broker provides the speed and flexibility these transactions require.
In North San Diego County, special purpose commercial properties like contractor yards, industrial open storage, and equipment facilities generate consistent investor demand. Hard money loans allow investors to close on these assets within purchase timelines without waiting on bank committees or conventional underwriting processes. Hanover MC arranges these transactions throughout San Diego County, Orange County, and greater Southern California.
In Summary: $1,485,000 hard money 1st trust deed on a contractor's storage yard in Vista, CA 92083. Arranged by Hanover Mortgage Company — a California DRE-licensed private lending company. 1031 Purchase. 40-year amortization, 3-year balloon, 54% LTV. Private capital, no loan committee. Business purpose only.
Frequently Asked Questions
Can I get a hard money loan for a 1031 Purchase in Vista, CA? Yes. Hanover Mortgage Company arranges business purpose hard money loans for 1031 Purchases in Vista and throughout San Diego County. No upfront fees. Call (714) 838-1474 x102 to discuss your scenario.
Can you arrange a hard money loan on a special purpose commercial property? Yes. Hanover MC evaluates special purpose properties — including contractor yards, industrial open storage, and other non-standard commercial assets — on collateral, borrower exit, and debt service. Subject to underwriting approval.
Why a 40-year amortization with a 3-year balloon? The 40-year amortization reduces the monthly payment, improving cash flow during the hold period. The 3-year balloon aligns with the borrower's plan to refinance into permanent financing once the asset is stabilized.
What LTV does Hanover MC lend to on commercial investment property? This transaction was arranged at 54% LTV. Loan-to-value varies by asset type, collateral position, and deal structure. Borrowers and properties must qualify. Interest rates can change without notice — call for current terms.
Does Hanover MC charge upfront fees? No upfront fees. Hanover Mortgage Company does not charge fees until a loan closes.
What areas in San Diego County does Hanover MC serve? Hanover Mortgage Company arranges hard money and private money loans throughout North San Diego County — including Vista, Oceanside, Escondido, San Marcos, Carlsbad, Encinitas, and surrounding areas — as well as Orange County and greater Southern California. California licensed only.
Related Resources
- View All Closed Hard Money Deals
- Closed: $270,000 Blanket Loan — Manufactured Homes, Wildomar, CA
- Closed: $100,000 Hard Money Cash-Out Refi — Fountain Valley, CA
- Closed: $2,000,000 Hard Money 1st TD — Huntington Beach, CA
- Hard Money Loan FAQ
Need a Hard Money Loan in Vista or San Diego County?
Call us to discuss your scenario. No upfront fees. Business purpose loans only. California licensed.
Business purpose loans only · Subject to underwriting approval ·