Encinitas, CA – TaliMar Financial, an Encinitas Hard Money Lender, is excited to announce the most recent funding of a $1,000,000 Hard Money Bridge Loan secured on a Single Family Home in Encinitas, CA. The loan was originated by Brock VandenBerg.
The Borrower was referred to TaliMar Financial from a Mortgage Broker after their original lender was unable to close on their purchase loan prior to the expiration of their purchase contract. TaliMar agreed to fund the loan after a quick call with the mortgage broker. The mortgage broker earned a referral fee for the transaction.
The biggest hurdle in this transaction was that the Borrower had to close in less than 3 business days. Because we have automated the application process and we are a Direct Lender, we were able to accommodate the quick close.
This loan was a great example of why a real estate investor should consider working with a DIRECT LENDER. As the Fund Manager of TaliMar Income Fund I, TaliMar Financial has the ability to close quickly and offer flexible loan terms.
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!