Many banks might not be closing loans right now, but at Hanover MC we are closing loans. Here are a few of our recent closings:

Location: Los Angeles, CA
Loan Amount: $350,000
Property Type: Office Building
Loan Purpose: Cash-out
Loan Term: 12 months

Location: Inglewood, CA
Loan Amount: $250,000
Property Type: Residential Condominium
Loan Purpose: Working Capital
Loan Term: 36 months

Location: Ventura, CA
Loan Amount: $1,170,000
Property Type: Commercial & Residential SFR (cross collateralized)
Loan Purpose: Refinance
Loan Term: 24 months

Location: San Diego, CA
Loan Amount: $150,000
Property Type: Residential Condominium
Loan Purpose: Cash out Refinance
Loan Term: 12 months

Location: Norwalk, CA
Loan Amount: $94,000 (Second Position)
Property Type: Residential Duplex
Loan Purpose: Working Capital
Loan Term: 24 months

At Hanover MC, we specialize in arranging business purpose private hard money loans with flexible terms, no prepayment penalty, and tailored to your unique needs.

Here are some of the highlights of our program:

- No FICO Requirements: Your credit score won't hold you back.
- No Debt-to-Income Requirements: We assess your potential based on your business vision.
- No Employment Verification Checks: We trust in your business plan- experience is key
- Make sense underwriting: light doc
- No DSCR: We understand every situation is unique.
- Wide Lending Footprint: Covering all of CA - from suburban to urban/rural areas.
- Property Variety: Residential, commercial, multi-family, mixed-use, land, and special use properties.
- Loan Size Flexibility: Loans from $50,000 to $2.5 million - ask us about exceptions.
- 1 to 5 Years balloons: Flexible repayment to suit your business strategy.

We also are fine with ugly properties, houses of worship, and other property types that many loan companies shy away from, and we are willing to do 2nd positions.

If you would like to discuss this further, or you or any of your clients have a financing need to talk about, please give me a call at my number below or reply back with a time you would like me to call you.

Jo-Ann Lapin
MLO/AE - Hanover Mortgage Company
2522 Chambers Road, Tustin, CA 92780
(714) 838-1474 ext. 102 Fax (714) 409-3909
License ID 01203203 | Corp. License ID 01410448
NMLS I.D. Number: 258823 | Corp. NMLS I.D. Number: 337458
e-mail: [email protected]m
website: www.hanovermc.com

Loan programs are subject to change or be discontinued at any time without notice.