San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $348,750 Hard Money Fix and Hold Loan secured on a Condo in San Diego, CA. The loan was originated by Brock VandenBerg.
The client approached TaliMar Financial seeking a short-term Fix and Flip Loan to purchase and renovate the Subject property. They were looking to hold the property as a long-term rental and looking for “take-out” financing with a 30 Year Rental Loan.
The biggest hurdle in this transaction was that the Borrower had to close in less than 5 business days. Using the automated submittal process, the Borrower submitted their loan request and due diligence materials and was approved in less than 48 hours. TaliMar Financial is one of the leading Private Money Lenders that uses technology to quickly analyze, approve, and fund loans.
This loan was a great example of our team working with a real estate investor to quickly approve their loan request. As a DIRECT LENDER through TaliMar Income Fund, we have the ability to quickly analyze loan requests and offer creative options to our real estate investor clients.
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!