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HANFORD MARKS 25 YEARS IN A.V.


Byline: Daily News

LANCASTER - Hanford Home Loans is marking 25 years in the Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming.

The Antelope Valley
.

The company makes private-investor-funded loans throughout California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  and is moving into financing commercial and small construction and remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure.

bone remodeling
 loans.

``We are able to fund unconventional loans and offer investment opportunities at double-digit rates,'' said founder Aida O'Connor.

With more than $50 million in trust deed A legal document that evidences an agreement of a borrower to transfer legal title to real property to an impartial third party, a trustee, for the benefit of a lender, as security for the borrower's debt.  collections, the Hanford Group has four divisions: Hanford Home Loans Co., Hanford Commercial Loan Co., Hanford Property Management Co., and Hanford Properties.

O'Connor had worked a number of years in the mortgage business when she founded the business in 1979, after Statewide Home Loans asked her to share office space and work part time for the company for one year.

Hanford later opened an office on 10th Street West in Lancaster and then an office in Palmdale.

In the mid- mid-
pref.
Middle: midbrain. 
1980s O'Connor was the first woman who was the sole owner of a firm to be elected to the board of directors of the California Independent Mortgage Brokers Association.

She continues to serve on the board of the California Mortgage Association as the secretary.

O'Connor has been involved with the Edwards Air Force Base Edwards Air Force Base, U.S. military installation, 301,000 acres (121,805 hectares), S Calif., NE of Lancaster; est. 1933. It is one of the largest air force bases in the United States and has the world's longest runway.  Civilian- Military Support Group, Antelope Valley Board of Trade and Palmdale Sheriff's Boosters.

Earlier this year when O'Connor heard about the need for shoes for Afghan children, she initiated a community drive that resulted in collecting over 7,000 pair of shoes. Marines with a helicopter unit stationed at Edwards Air Force Base volunteered to deliver the shoes to Afghanistan.
COPYRIGHT 2004 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Date:Dec 21, 2004
Words:253
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