Hard Money Loans Bakersfield CA | Hanover MC
By Hanover MC On July 14 2023
Hard money loans in Bakersfield, CA. Term sheets in 12–48 hrs. Business-purpose investment properties only. Call Hanover MC.
Hard Money Loans in Bakersfield, CA | Hanover MC
Hanover MC arranges asset-based private loans for real estate investors across Bakersfield and Kern County — fix-and-flip, bridge, rental, and cash-out refinance. Loans are funded by private trust deed investors.
Business-purpose and investment real estate only. No consumer-purpose transactions. All loans subject to underwriting approval. Not a commitment to lend.
Call (714) 838-1474 x 102 | hanovermc.com
What Is a Hard Money Loan?
A short-term, asset-based loan approved on property value and equity — not income, tax returns, or DTI. Designed for investors who need fast closings, flexible underwriting, and reduced documentation.
Bakersfield Market — Q2 2026
Median sale price: $415K | Avg. days on market: 37 | Active listings: ~2,339
Stable pricing and rising inventory are creating negotiation opportunities — especially for value-add and buy-and-hold investors across Kern County.
Loan Parameters
| Amounts | $50,000 – $3,000,000+ |
| Max LTV | Up to 65% |
| Term | 12–60 months |
| Term Sheet | 12–48 hours |
| Closing | 8–14 business days (when conditions are met) |
| Prepayment Penalty | None |
Underwriting is based on property value, ARV, and exit strategy — not W-2s or tax returns.
Loan Programs
- Bridge Loans → hanovermc.com/bridge-loans/
- Term Loans → hanovermc.com/term-loans/
- Permanent Loans → hanovermc.com/permanent-loans/
Closed Deals in Kern County
Duplex + Triplex | $162,000 | 65% LTV | 60 months → Case Study
Blanket Loan: Commercial + 2 SFRs | $680,000 | 56% LTV | First TD | 60 months | P&I
Restructuring capital secured across three income-producing Bakersfield properties. → All Closed Deals
FAQs
How fast can I close? 8–14 business days when conditions are met. Term sheets in 12–48 hours.
Is credit the main factor? No. Underwriting centers on property value, condition, and exit strategy.
What's the max LTV? Up to 65% as-is or ARV depending on the program.
Is there a prepayment penalty? No.
What doesn't qualify? Consumer-purpose loans.
Why Hanover MC
4.9 stars on Google · No income docs · No prepayment penalty · Fast closings
Ready to move on a Bakersfield deal?
Call (714) 838-1474 x 102 for a same-day review — or submit your deal online →
Business-purpose and investment real estate only. Not available for consumer purposes. All loans subject to underwriting approval and property valuation. Not a commitment to lend or an offer to extend credit. Loan programs, rates, and terms are subject to change without notice.