Safeguards Policy : Trust Deed Investors : Hard Money Lenders California : Hanover MC

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Corporate Headquarters
Hanover Mortgage Company
2522 Chambers Road
Tustin, CA 92780

Phone Numbers
Main:
714-838-1474
Toll Free:
1-800-GO-HARD-MONEY

Email: info@HanoverMC.com

Website URL: www.HanoverMC.com

Safegaurds Policy

HANOVER MORTGAGE COMPANY INFORMATION SECURITY PROGRAM

POLICIES AND PROCEDURES

Hanover Mortgage Company’s (“Hanover”) Mortgage Loan applicants have provided us with nonpublic personal information that is protected by Regulations promulgated by the Federal Trade Commission under the federal Gramm-Leach-Bliley Act (the “Regulations”). Therefore, we have established an information security program (the “Program”) setting forth standards for maintaining administrative, technical and physical safeguards to: (1) ensure the security and confidentiality of protected nonpublic personal information; (2) protect against any anticipated threats or hazards to the security of such information; and (3) protect against unauthorized access to or use of such information.

1. Information Security Program Administrator.

- Hanover designates David Lapin as the person responsible for administering the Program (the “Program Administrator”). As required by the Regulations, the Program Administrator is responsible for Hanover’s information security compliance efforts and, accordingly, all inquiries from and reports by Hanover’s personnel pertaining to Hanover’s information security should be directed to the Program Administrator.
- The Program Administrator will be responsible for: (a) assessing existing risks to nonpublic personal information; (b) developing ways to manage and control such risks; (c) monitoring third-party vendor arrangements to ensure information security; and (d) testing and revising the Program in light of relevant changes in technology and threats to client information.

2. Identification of Internal and External Risks to Customer Information.

The Program Administrator will review all foreseeable internal and external risks to information security with key company operations, management and risk control personnel in all areas of Finance America’s operations. The Program Administrator will assess the likelihood and potential damage of these threats, the sufficiency of any safeguards in place to control such risks and, where appropriate, revise policies and procedures to address such risks.

- The Program Administrator will meet with all Hanover personnel periodically to review and implement the Program. The Program Administrator will be available for questions from Hanover personnel as to the application of the Program. Based upon the information gathered by performing risk assessments, and as changes in the laws or Regulations require, the Program Administrator will assess the need for, and arrange for, training of Hanover personnel, and will provide policy and procedure updates as may be necessary to ensure that the Program is properly implemented.
- The Program Administrator will ensure that Hanover: (a) takes reasonable steps in selecting, maintaining, upgrading and periodically testing the security protections of the Information Systems (including physical protection, network firewalls, relevant software, information processing, storage, transmission, and disposal systems and arrangements); and (b) employs appropriate password protection and encryption of electronic information where necessary, including while such information is in transit or stored on a network or system to which unauthorized persons may have access.
- The Program Administrator will ensure that all information systems and networks containing, or otherwise affecting, protected information have appropriate access controls, as well as detection, prevention, and response mechanisms against attacks, intrusions, or other system failures that might materially affect the security of protected information.

3. Design and Implementation Safeguards.

Based upon the policies and procedures provided under the Program, the Program Administrator will design and/or arrange for the provision of all necessary and appropriate technical and administrative safeguards for protected information and will regularly test and monitor the effectiveness of such controls, systems and procedures.

4. Vendor Arrangements.

The Program Administrator will review all current and prospective vendor arrangements with respect to persons who, through their service to Hanover, will receive, maintain, process or otherwise be permitted to access protected information. In reviewing such arrangements, the Program Administrator will attempt to ensure that:

- Hanover selects and retains service providers who are capable of maintaining appropriate safeguards on protected information;
- All contracts with service providers provide that the vendor must maintain the confidentiality of protected information and that protected information only be used as necessary under the vendor contract.

5. Evaluation and Update of the Program.

The Program Administrator will periodically, as necessary or appropriate, revise or update the Program based on: (a) results of testing and monitoring pursuant to the Program; and (b) material changes to the business and operation of Hanover.

Equal Housing Opportunity Lender
Copyright © 2011 Hanover Mortgage Company.

We bring together Capital and Opportunity.
Are you in need of reliable assistance with California Trust Deeds, Real Estate Loans, or other related products relevant to the private real estate lending & investment industry? You’ve come to the right place!
At HanoverMC, you’ll find access to the resources that will help satisfy your financing or investment needs. Our goal is to bring together capital and opportunity for highly effective results for all parties.

When you choose HanoverMC, you’ll have dependable assistance with your borrowing and lending needs. With more than two decades of trusted service in the industry, you are sure to find the solution you need right here. Read more about our array of services and opportunities.

HanoverMC Features Services For:

Borrowers—Bridge loans, lot & land, fix & flip, unfinished construction, and many other solutions for your real estate needs.
Investors—Trust deed investors in California in search of the stability and security of trust deed investments.
Brokers—With quick underwriting, candid communication, and friendly service to expedite the process.

Our goal is to facilitate real estate lending and trust deed investing by - meeting the special financing needs of qualifying borrowers and the investment objectives of trust deed investors.
At Hanover, we connect trust deed investors California, borrowers, and brokers based on individual needs.

California trust deed investing with Hanover includes advantages like:

Profitability
Security
Closing Service
Investment Management
Proactive Management

As a referring broker, you’ll enjoy benefits including:

Accessibility
Communication
Pre-Approvals
Broker Protection

If you’re visiting Hanover as a borrower, you’ll find advantages like:

Flexible Terms
Faster Funding
Quick Approval
Easier Closings
Fewer Hassles

Borrowers, investors, and brokers alike prefer HanoverMC. Our professionalism, service, and personalized approach allow you to find the solution that is made for you. With our help, you’ll be on your way to the California hard money loans, private money loans California, and trust deed investing you’re after.

California Hard Money Loans - Capital When You Need it Most©
HanoverMC meets the needs of time sensitive transactions by seeking small balance loan opportunities ($100,000 - $1,000,000) throughout Southern California. We focus on loan scenarios that cannot be adequately handled by traditional lending sources either due to time constraints, deal complexity or the transitional nature of the asset. We step in where banks leave off, funding commercial, multi-family (apartments) and residential "hard money" (equity loans) on purchase or refinance transactions. We provide financing for both cash-flowing, income-producing properties and for select transitional properties. While we will consider providing completion dollars for unfinished construction projects that are at least 80%+ complete, we do not finance ground-up construction.
Capitalize on our Common Sense©
Our loan programs are both innovative and unconventional, allowing real estate owners, operators, builders, investors, and entrepreneurs to complete challenging transactions where timely execution provides a substantial financial advantage over financing with a traditional lender.
Our loan programs offer a simple and streamlined process managed by experienced professionals who have the resources to respond quickly to any opportunity with the highest levels of service, specialized knowledge, and creativity. Our loans are customized to meet your specific and unique requirements and circumstances, and offer a streamlined process, and certainty of closing.
Our objective is to leverage our extensive depth of real estate and finance experience to create flexible, custom-tailored investment solutions to your unique situation.
We offer:

Accelerated process and quick commitments
Near-term closings possible
Up to 80% LTV (ARV)
Commercial property, land acquisitions and refinancings
Renovation and Rehab Loans
Loan terms from 3 months - 3 years

From the opportunistic acquisition of under-performing or non-stabilized real estate, to value-creation plays via repositioning or one-off “out-of-the-box” projects, HanoverMC’s team of experts are ready to respond quickly to individual financing demands.

California Trust Deeds (Real Estate Secured Loans)

HanoverMC offers California Trust Deeds (fixed return instruments secured by real property) to Individual Investors, IRA’s and other pension plans.
Our investment strategy focuses on “Safety first” and performs discovery, due-diligence and analysis to assist in the investor's decision-making process and remains available for support during the full life cycle of the loan. As such, Investors connect with prescreened funding opportunities, resulting in higher quality trust deed investments.
Our underwriting philosophy is one of simple common sense. There is, however, a lot more to the decision making process that goes into whether or not to make each loan. We carefully scrutinize every aspect of each loan request including the underlying property, in terms of overall desirability, marketability, condition, and associated value. We conduct a complete examination of the title to the property and obtain title insurance on every property we lend on. We also keep a keen eye out for any environmental issues that may affect the property. We carefully scrutinize each borrower in terms of their credit, income, expenses, assets, liabilities and overall motivation for requesting a loan. Each loan request must also pass the basic “make sense standard”. Only after all of these things are considered do we decide to accept or deny a loan.
Investing in trust deeds is an exceptional way to achieve attractive returns on investment, build wealth and protect your capital.
Our trust deed investment opportunities are focused on new originations with short or mid-range investment horizons (3-36 months) secured by both residential and commercial properties, primarily in first position that typically possess in excess of 40% protective equity earning between 7%-9% APY (annual percentage yield) interest returns (plus pre-payment penalty, when applicable) depending on property type, use, associated risk, local laws and market boundaries. Higher returns are available on land, construction completion and REHAB/Fix & Flip financing earning between 9%-12% APY and on 2nd or 3rd Trust Deeds earning between 12%-21% APY.
Regardless of the state of the economy, small investors need sound, profitable investment options that offer stable, long-term growth.
Established in 1991, HanoverMC serves investors based in California, providing an alternative to the standard low rates offered by most large domestic banks and other investment companies.

NOT FDIC INSURED
NOT A BANK
MAY LOSE INVESTMENT
INVESTMENTS ARE NOT INSURED

As a trust deed investment company, HanoverMC identifies high-quality real estate lending opportunities, enables investors to fund these secured loans, and manages the entire process from application through repayment.
As your partner in investment planning, we'll help to ensure your fiscal health in both thriving and challenging economic times.

Private Money Loans and More—Resources to Assist

Hanover’s services go well beyond connecting trust deed investors California or borrowers; meaningful resources are at your fingertips. In the Lounge, you’ll find:

Articles—Read about California hard money loans, trust deed investors California, and much more.
Audio Library—Easily download audio about private money loans California and trust deed investing.
Video Library—Videos about trust deed investing and private money lending to help you understand your options.
Talk Radio—Our weekly radio show discusses the latest market news so you are sure to make the right investment and borrowing decisions.
Events—Find out about events in your area that highlight information investors, borrowers, and brokers can use.

In addition to the information provided on its lounge, HanoverMC provides commentary and information of interest to investors, borrowers and brokers on its blog at http://www.hanovermc.com/blog/welcome-to-our-blog.
Or just stay in touch at:

Follow HanoverMC on Twitter at http://twitter.com/OCHardMoney
Become a fan of HanoverMC on Facebook at: http://www.facebook.com/HanoverMC..

When in need of trust deed investments California, California hard money loans, and other assistance, contact HanoverMC at 1-800-Go-Hard-Money.

California Trust Deed Investing | Trust Deed Investors California | Hard Money Lenders California | Sitemap

Hanover Mortgage Company is licensed in California only.
Real Estate Broker – CA Dept. of Real Estate – License# 01410448
NMLS I.D. number: 337458.

INTEREST RATES CAN CHANGE WITHOUT NOTICE. ASK US FOR CURRENT RATE INFORMATION. BORROWERS AND PROPERTIES MUST QUALIFY. CONDITIONS AND RESTRICTIONS MAY APPLY. Loan programs, amounts, rates and terms are subject to change without notice. Loan approval is not guaranteed and all loan applications are subject to verification of acceptable credit, income, employment, lien position and value of collateral in the sole discretion of Hanover Mortgage Company. Flood and/or property hazard insurance may be required. Additional fees, conditions, restrictions and limitations may apply. Not all programs are available in all areas. The interest rate for adjustable rate mortgage loans is subject to increase. Please contact Hanover Mortgage Company to determine your eligibility for a specific loan product. Hanover Mortgage is a Mortgage Broker. Mortgage Broker fees will apply unless stated otherwise. California Department of Real Estate, real estate broker license number 01410448. NMLS I.D. number: 337458. Disclosure: Money invested through a mortgage broker is not guaranteed to earn any interest or return and is not insured. State law dictates that we acknowledge that interest on trust deeds is not guaranteed. No investment is completely risk free and past performance is not a guarantee of future results. Before investing, investors must be provided applicable disclosure documents. "Hanover Mortgage does not offer financing for those transactions defined as ‘Covered Loans’ or ‘High Cost Loans’ in any state or federal law." All Rights Reserved.

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