Calexico, CA – TaliMar Financial, a Calexico Hard Money Lender, is excited to announce the most recent funding of a $326,250 30 Year Rental Loan, also known as a DSCR Loan, secured on a Single Family Home in Calexico, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a 30-year cash out refinance on their rental property. They didn’t want to submit tax returns or personal income statements, so the 30 Year Rental Lan was a perfect option. All they needed to submit was a 12-month lease agreement, two months of bank statements showing the tenant was paying on the lease, an appraisal, and a credit check.
The biggest hurdle on this transaction was that the Borrower needed to close quickly. We were able to approve and fund the loan in less than three weeks. TaliMar Financial has one of the fastest closing programs for real estate investment loans.
This loan was a great example of why real estate investors should use TaliMar Financial for their real estate investment lending. We offer various loan programs for real estate investors from hard money Fix and Flip, Bridge, New Construction, and our 30 Year Rental Loans.
Special thanks to Julie Halferty at Allison McCloskey Escrow Company and Karen Dennis at Ticor Title Company 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!