Recent Funding: $1,067,000 Bridge Loan in San Diego, CA

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San Diego, CA– TaliMar Financial, a San Diego Hard Money Lender, is pleased to announce our most recent funding of a $1,067,000 Hard Money Bridge Loan secured on a Single Family Home in San Diego, CA.

Our client reached out to TaliMar Financial for a Private Money Bridge Loan to purchase the Single Family Home because they needed to close in less than 5 business days. TaliMar Financial issued a term sheet in less than 24 hours and had loan documents drafted within 3 days of receiving the original loan request.

The Borrower intends to hold the property as a student rental while they get approval for a 15 unit multi-family development. The income generated from monthly rents are sufficient to cover the debt service on the property.

One of the most common reasons why clients reach out to TaliMar Financial for a Hard Money Purchase Loan is because they need to close quickly. As a Private Money Lender, we can quickly structure a Private Money Loan around the needs of the Borrower and close in less than 5 business days. Additionally, we do not require an appraisal or formal property inspection.

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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) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.

OTHER RECENTLY FUNDED LOANS

COMMERCIAL LENDING

Up to 65% of Value

6 to 36 months

Starting at 7.99%

Office, Industrial, Retail, Mixed-Use

California Only

Business Purpose Only

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FIX & FLIP / CONSTRUCTION LENDING

Up to 70% of Completion Value

12 months

Starting at 8.5%

Single Family and Multi-Family

California Only

Business Purpose Only

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