Wildomar, CA – TaliMar Financial, a Wildomar Hard Money Lender, is excited to announce the most recent funding of a $345,800 Fix and Flip Loan in Wildomar, CA. Brock VandenBerg originated the loan.
The loan request was originally brought to us through a Mortgage Broker (check out this article on Why Mortgage Brokers are Important for a Hard Money Lender). The client approached TaliMar Financial seeking a Fix and Flip Loan on a single-family home in Wildomar, CA. The Borrower was quick to provide our underwriting team with the underwriting material for loan committee approval.
The biggest hurdle on this transaction was that the property was a manufactured home. However, our team was able to get comfortable with the request because the home was secured to the land. Additionally, the Borrower had never completed an actual flip. Fortunately, they were working with an experienced broker that would assist them through the entire renovation and sale process.
This loan was a great example of our underwriting team working with the borrower to structure a loan that worked for all parties. We are excited to be working with this borrower on their first project. Congrats!
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!