There are segments of the market that are not being served by today's Crowdfunding Marketplaces, Banks & Credit Unions, Insurance & Life Companies, or Agency and Government programs. This is where we fit in, And you may too! We offer Secured Investments for Accredited Investors. Select from either whole loan or fractional interest in California trust deed investments.
We purchase promissory notes secured by deeds of trust on California real estate, both residential and commercial properties. This Orchard Ranch property's line of credit had matured and the borrower was facing an impending NOD due to several failed refinance attempts at major banks and an impatient creditor that would not renew the line - all because the institutional lenders were singularly focused on deriving income from tax returns.
We purchase promissory notes secured by deeds of trust on California real estate, both residential and commercial properties. This Orchard Ranch property's line of credit had matured and the borrower was facing an impending NOD due to several failed refinance attempts at major banks and an impatient creditor that would not renew the line - all because the institutional lenders were singularly focused on deriving income from tax returns.
Services
About Us
Report
People do business with people they like and trust. In most cases, our differentiation distills down to building relationships versus simply completing transactions. The result is a win-win for all stakeholders: Investor, Borrower and Referral Partner. G. David Lapin serves as the President of and Broker of Record for Hanover Mortgage Company and manages and executes the strategic direction for the company.
Borrowers
Report
HanoverMC is not a bank. And that's great news for our borrowers, because we use private capital to make hard money loans secured by real estate quickly and efficiently. Even if your FICO score isn't perfect or your Income doesn't fall into traditional guidelines, our non-bank, hard money loans allow for flexibility.
Investors
Report
Hanover MC makes real estate loans secured by deeds of trust held by private individuals, trusts and qualified retirement accounts seeking different investment needs.
Whether trust deed investors want short-term investments, long-term investments, single-property investments or diversified investments over multiple properties, our team works closely with our trust deed investors to align the trust deed investment strategy with their individual goals and objectives.
Whether trust deed investors want short-term investments, long-term investments, single-property investments or diversified investments over multiple properties, our team works closely with our trust deed investors to align the trust deed investment strategy with their individual goals and objectives.
Note Holders
Report
We realize there isn't a "one size fits all" approach to pricing a real estate note buy. Promissory notes have many variables that need to be evaluated on a case-by-case basis. What works for one, may not work for another - which is why there simply can't be a one-size-fits-all pricing approach. Private mortgage note holders have options available when considering the sale of their note.
Faq
Report
We pull a tri-merge credit report with scores on each borrower and guarantor. However, we are not credit score sensitive, don't require a minimum and non-traditional credit is considered. There is no formal rate matrix since each loan scenario is unique. Rates vary based on a number of factors most notably the loan-to-value, property type, property location, and term.
Reviews
Be the first to review Hanover MC.
Write a Review
