Hanover Mortgage Company, a private money mortgage company, arranges trust deed investments for business-purpose loans. We connect trust deed investors with qualified borrowers — typically real estate investors and small business owners — seeking funding secured by real property. Investors earn returns backed by a recorded deed of trust on the underlying property.
Hanover MC arranges an array of private mortgage loans for a
multitude of purposes. We offer 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, providing solutions 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 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 provide 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.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
