San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $679,000 Hard Money Bridge Loan, secured on a single-family home in San Diego, CA. The loan was originated by Brock G. VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term private money bridge loan to purchase a single-family home that they plan to renovate and sell. The client used our Borrower Portal to expedite the loan approval and funding process, including their request for a Proof of Funds letter through the portal.
The biggest hurdle on this transaction was that the client needed to close within 5 business days. Because we have expedited the loan submittal and underwriting process through the Borrower Portal and we are a direct lender through our mortgage fund (read about TaliMar Income Fund I), we can quickly process loan approvals in less than 24 hours.
This loan was a great example of why TaliMar Financial has become one of the fastest growing hard money lenders servicing the real estate investor and mortgage broker community in Southern California. Since 2008, TaliMar Financial has funded over $375 million in hard money loans secured on residential, multi-family, and commercial real estate.
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!