San Diego, CA– TaliMar Financial, a San Diego Hard Money Lender, is pleased to announce our most recent funding of a $975,000 30 Year Rental Loan secured on a single-family home in San Diego, CA.
The Borrower reached out to our team seeking options to refinance their rental property. They had recently added an Accessory Dwelling Unit and were having trouble refinancing the property through a conventional lender because they owned more than 10 properties and their income per their tax returns weren’t sufficient to meet the debt to income ratio.
We offered an alternative solution which was our residential 30 Year Rental Loan program that only considered the income from the Subject Property, a credit report, an appraisal, and a bank statement showing the tenant payment. The solution was a great option for the borrower because it didn’t require a tax return or debt to income ratio calculation.
The TaliMar Financial 30 Year Rental Loan Program is a great option for real estate investors that would not qualify for conventional bank financing. The program requires substantially less paperwork and can be a great exciting option for investors buying fixers.
Completing the 30 Year Rental Loan Application is quick and simple. Simply click here to start the application process.
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!