
Business Purpose real estate loans/ Bruised Credit OK/Asset based lending/$50,000 & up/Loans to 70% of value/No nonsense approach
Hanover MC arranges an array of private mortgage loans for a multitude of purposes. We arrange real estate loans on most types of properties ranging from $50,000 to over $2,500,000 throughout California.
We focus on loan scenarios that cannot be adequately handled by traditional lending sources either due to time constraints, deal complexity or the transitional nature of the asset. We step in where banks leave off, arranging funding for commercial, multi-family (apartments) and residential – business purpose, non-owner occupied, income producing 1-4 unit properties on purchase or refinance transactions.
We arrange financing solutions for both cash-flowing, income-producing properties and for select transitional properties. We will consider completion dollars for unfinished construction projects that are at least 80%+ complete, SPEC financing for ground-up construction of stick-built & Modular as well as Fix & Flip/Hold financing.
We also arrange solutions for real estate note holders to sell all of or a portion of their notes. Our approach to evaluating a note purchase considers a comprehensive range of risk attributes to generate an individualized price quote, making the note selling process quick, comfortable and affordable.
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