Carlsbad, CA– TaliMar Financial, a Carlsbad hard money lender, is pleased to announce our most recent funding of a $589,000 Cash-Out Refinance Bridge loan secured on a Single Family Home in San Diego, CA. The Borrower was seeking a “very short” term bridge loan to acquire an “out of state” rental property.
The Borrower was referred to us by their mortgage broker who was handling their “out of state” investment property purchase loan. Though they have plenty of equity in the subject property, their income wasn’t sufficient to close on their new purchase. We quickly structured a private money purchase loan that provided them sufficient funds to close “all cash” on the new property. They will sell the subject property to repay the loan.
Finding the right solution is a big part of being a hard money lender. TaliMar Financial works closely with our borrowers and their representatives to develop strategies that will offer our clients a solution to their loan requests.
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!