San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $750,000 Hard Money Bridge Loan secured on a Single Family Home in San Diego, CA.
The loan was referred to us by a mortgage broker looking for a short-term solution for his client. They owed very little on their primary residence but needed 100% financing on an investment property they were purchasing. Using both properties as collateral, TaliMar Financial funded a short-term hard money bridge loan to close on the investment property. Our client will refinance both properties with conventional financing by the referring mortgage broker.
This transaction is another example of using a hard money lender to quickly purchase an investment property. The cost of a hard money loan may be higher than conventional financing, however, if conventional financing is not an option, what is the cost of losing out on the opportunity.
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!