Fresno, CA – TaliMar Financial, a Fresno Hard Money Lender, is excited to announce the most recent funding of a $196,000 30 Year Rental Loan, secured on a Single-Family Resident in Fresno, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were looking for a 30 Year Rental Loan. We had funded the initial Fix and Hold Loan for the Borrower. Once the renovations were completed and our client leased the property, we refinance the loan with a long-term rental loan.
The biggest hurdle on this transaction was that the property was in Fresno, which for many is a secondary market. However, because the Borrower has substantial experience, we got comfortable with the Borrower’s ability to perform.
This loan was a great example of how our team at TaliMar Financial was able to produce amazing results in an efficient manner. Our team was able to get the loan approved and funded in only 5 business days.
Special thanks to Julie Halferty at Allison McCloskey Escrow and Karen Dennis at Ticor Title Company for assisting us with the close.
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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!