05/21/2026
✅ Closed — $780,000 Hard Money Mixed-Use Loan | Berkeley, CA 94702
Hanover Mortgage Company arranged a $780,000 business-purpose hard money loan secured by a mixed-use property in Berkeley — two freestanding structures on a single parcel with one retail unit and two residential units.
📋 Deal Highlights:
· 1st Trust Deed
· 64% ARV
· 5-Year Balloon
· 40-Year Amortization
· No Prepayment Penalty
· No Loan Committee
· No Upfront Fees
· In-house underwriting
This was a buy-and-hold
Have a deal in California that needs a creative solution? We'd love to hear about it.
📞 (714) 838-1474
🔗 https://hanovermc.com/deal/?id=36&t=hard-money-mixed-use-loan-%E2%80%94-berkeley,-ca-94702-|-hanover-mc
Business purpose loans only.