EXHIBIT 23.2


                          INDEPENDENT AUDITORS' CONSENT


       We consent to the incorporation by reference in this Registration
Statement of Hanover Capital Mortgage Holdings, Inc. on Form S-8, pertaining to
the Hanover Capital Mortgage Holdings, Inc. 1997 Executive and Non-Employee
Director Stock Option Plan, of our report on the consolidated financial
statements of Hanover Capital Mortgage Holdings, Inc. and Subsidiaries dated
March 22, 2002, appearing in the Annual Report on Form 10-K of Hanover Capital
Mortgage Holdings, Inc. for the year ended December 31, 2001.



                                        /s/ DELOITTE & TOUCHE LLP


September 9, 2002
Parsippany, New Jersey