Closed 2nd Private Mortgage Deal Spotlight

Second Trust Deed on Single-Family Rental Residence in Tiburon, CA 94920

Deal Overview

HanoverMC is pleased to announce a past successful closing of a $325,000 Second Trust Deed secured by a single-family residential property located in Tiburon, California.
This business-purpose loan was structured as a cash-out refinance, providing the borrower with quick access to liquidity secured by strong protective equity in a highly desirable Marin County neighborhood.

Lien Position: Second Trust Deed (2nd TD)

Loan Amount: $325,000

CLTV: 50% of “As-Is” appraised value

NO PPP

Use of Funds: Business Purpose / Cash-Out Refinance

Amortization: Interest Only

Term: 5-Year Balloon

Why This Deal Made Sense

This Tiburon property offered exceptional collateral strength with low combined leverage and significant protective equity. The borrower required quick, flexible financing—something traditional lenders couldn’t provide under tight timeframes.

HanoverMC structured a make-sense 2nd Trust Deed solution that allowed the borrower to unlock equity while maintaining a conservative risk profile for the trust deed investor.

Why Borrowers Choose HanoverMC?

We continue to see strong demand for hard money 1st and 2nd Trust Deeds in premium California markets like Tiburon, Marin County, and the greater Bay Area. Hanover delivers:

Speed and flexibility

Common-sense underwriting

Transparent loan structures backed by real equity

Whether you’re seeking a 1st, 2nd, or 3rd trust deed loan, or interested in trust deed investments, HanoverMC is your trusted arranger of private lending resource.

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