Chula Vista, CA – TaliMar Financial, a Chula Vista Hard Money Lender, is excited to announce the most recent funding of a $383,000 Hard Money Bridge Loan, secured on a Condominium in Chula Vista, CA. The loan was originated by Brock VandenBerg.
The real estate investor contacted TaliMar Financial because they were seeking a short-term private money Bridge Loan to quickly close on the real estate investment property. Their original lender had committed to funding the loan, but due to delays, was unable to close on time. The real estate investor was referred to TaliMar Financial because they needed another option to close on time.
The biggest hurdle on this transaction was that the client had to close quickly. In fact, using our recently launched Borrower Portal, the client was able to submit their loan request and upload their documents online which cut down the approval timeframe by over 50%.
This loan was a great example of how TaliMar Financial uses technology to quickly approve loans. By submitting a loan request using our Loan Request Form and signing up for a Borrower Account using our Lender Input Form, we have made the loan approval process much simpler.
Special thanks to Ron Sablan and Lori Northcutt at WFG National Title Company of California for assisting us with the close.
About TaliMar Financial
TaliMar Financial is a San Diego hard money lender that specializes in funding residential and commercial Fix and Flip, Construction, and Bridge Loans. As a direct private money lender, we offer aggressive financing options and typically close our transactions in less than 7 business days. We work directly with real estate investors and property owners as well as real estate agents, mortgage brokers, and other real estate professionals.
Contact TaliMar today at (858) 242-4900 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.
Up to 80% of Value
Purchase / Refinance
As Low as 3.875%
Interest Payments Available
Cash Out OK
Business Purpose Only
Up to 70% of Completion Value
12 – 24 months
Interest Only Payments
Single Family and Multi-Family
Business Purpose Only
The Preferred Borrower Account Program was designed for the real estate investor. The PBA Program offers real estate investors a secure source of capital for their real estate deals. By getting approved, investors will have access to a TaliMar Financial Letter of Credit, property specific Proof of Funds Letters, 5 Day Expedited closings, and our Wholesale Deal Marketplace.
The process of getting approved is simple. Apply today!