All Forum Posts by: Jo-Ann Lapin

California Fix & Flip Loans

Need funding for a fix-and-flip or fix-and-hold transaction? We provide financing for non-owner occupied residential real estate properties that will be rehabbed and sold or held and rented or refinanced.

Before & After | Success Story

Fix & Flip Program Highlights

This program provides financing to acquire and/or renovate properties for investment purposes and generally follows these criteria:

• Loan amounts from $35k+
• LTV: Up to 65% of ARV with Fund Control.
• Up to 100% Rehab Cost Financing
• Seller Carry - O.K.
• FICO: No Minimum Required
• No Upfront Fees
• No Pre-Payment Penalties

Whether you are fixing & flipping your investment properties or fixing and holding; We can help. We want to maximize your profit potential on every project!

Property Types

• Attached or Detached SFR
• 2-4 Unit Properties
• Condominiums/Townhouses
• Manufactured or Mobile
• Multi-Family (5+ Units)
• Mixed-Use

Borrower Types

• Individuals
• LLCs
• Limited/General Partnerships
• Corporations
• Trusts
• Estates

We provide financing for transactions that don't fit a typical bank model, without the crippling fees of traditional hard money.

Accessory Dwelling Unit
(ADU) Financing

Need funding for an ADU (accessory dwelling unit)? We provide financing options for accessory dwelling units placed on a property with an existing dwelling (Single-Family or Multi-Family Residence) that is non-owner occupied, built for spec, or held for investment purposes.

ADU Program Highlights

This program provides financing for Accessory Dwelling Unit construction on non-owner-occupied properties when the ADU will be used as a rental or is built for spec.

• Business Purpose ONLY
• 1st TD or 2nd TD
• 65% LTV/CLTV (AS IS) w/20% Holdback
• After Repair Value (ARV) w/Fund Control
• Can utilize equity from other properties to qualify
• Loan amounts from $50k+
• Junior Accessory Dwelling Units (JADUs) case-by-case
• City/County ADU zoning/ordinances and state laws apply.

We are qualified, experienced, and understand the specifics of ADU lending and can best serve your ADU financing needs.

Have a Question or Loan Scenario?

Call Today 714-838-1474 ext. 102 or email

back with your scenarios or questions.

We provide financing for transactions that don't fit a typical bank model, without the crippling fees of traditional hard money.

California Lot & Land Loans

Need funding for a land or lot transaction? We provide Lot and Land financing for a variety of property types and loan purposes on unimproved/improved rural, subdivision, and infill locations held for investment purposes.

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Land & Lot Program Highlights

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This program provides financing for lot or land that is either raw, unimproved, or improved.

• Business Purpose ONLY
• 1st TD or 2nd TD
• LTV/CLTV Case-by-Case (AS IS/FV)
• Can utilize equity from other properties to qualify
• Loan amounts from $35k+
• Financing requires the availability of utilities at/in the street, or nearby in order to qualify.

We are qualified, experienced, and understand the specifics of land lending and can best serve your land financing needs.

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Have a Question or Loan Scenario?

Call Today 714-838-1474 ext. 102 or email
back with your scenarios or questions.

Property Types

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• Agricultural
• Commercial
• Industrial
• Residential

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Loan Purposes

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• Acquisitions
• Lot Sales Programs
• Refinance
• Cash-out

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We provide financing for transactions that don't fit a typical bank model, without the crippling fees of traditional hard money.

Jo-Ann Lapin | MLO/AE

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714.838.1474 ext. 102
[email protected]

CA DRE License ID: 01203203
NMLS I.D. Number: 258823

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Copyright © 2022 - 2023 Hanover Mortgage Company.
2522 Chambers Road, Tustin, CA 92780
California Department of Real Estate, real estate broker license #01410448.
NMLS I.D. number: 337458

Disclosure: All loans are made in compliance with Federal, State, and Local Laws. High-cost loans are not allowed. Program features and services are not available in all areas. Rates and programs are subject to change without notice. This is not a commitment to lend.

Manufactured, Modular & Mobile Home Financing

Need funding for a factory-built modular or manufactured home? We provide loan options for the financing of new and pre-owned (used) factory-built homes on land, that are non-owner occupied and built for spec or held for investment purposes.

Program Highlights

We are transactionally seasoned in Mobile, Modular & Manufactured Home Financing and have structured financing under the following scenarios:

• Spec Purchase
• Buy & Hold
• Construction Financing
• Fix & Flip
• Refinance - Rate & Term or Cash-out
• Financing for triple wide, double wide, single wide homes
• Financing for older units (pre-HUD: built before June 15, 1976)

We are qualified, experienced, and understand the specifics of factory-built home lending and can best serve your Manufactured, Modular, and Mobile home financing needs.

Have a Question or Loan Scenario?

Call Today 714-838-1474 ext. 102 or email

back with your scenarios or questions.

Highpoints

• Quick Closings
• Flexible Underwriting
• Competitive Rates
• No Upfront Loan Fees
• No Min FICO Score
• No PPP, Lockout, or Exit Fees

Borrower Types

• Individuals
• LLCs
• Limited/General Partnerships
• Corporations
• Trusts
• Estates

We provide financing for transactions that don't fit a typical bank model, without the crippling fees of traditional hard money.

Copyright © 2022 - 2023 Hanover Mortgage Company.
California Department of Real Estate, real estate broker license #01410448.
NMLS I.D. number: 337458

Disclosure: All loans are made in compliance with Federal, State, and Local Laws. High-cost loans are not allowed. Program features and services are not available in all areas. Rates and programs are subject to change without notice. This is not a commitment to lend.