tel: 888.868.8467
San Diego, CA– TaliMar Financial, a San Diego based Hard Money Lender, is pleased to announce our most recent funding of a $2,000,000 Bridge Loan secured on a vacant lot in San Diego, CA. The funds were used to acquire the property.
The biggest hurdle on this transaction was the land use. Many Private Money Lenders will not fund vacant lot loans because of the perceived risk. However, in this scenario, the Borrower was able to fund a down payment of 50% of the purchase price. The Borrower’s contracting company will lease the property for storage of operating vehicles and machinery. Based upon the experience and location of the lot, we approved the Hard Money Land Loan.
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
Minimum Documentation
Business Purpose Only
Up to 70% of Completion Value
12 – 24 months
Low Rates
Interest Only Payments
Single Family and Multi-Family
California Only
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!
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