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Three Rivers, CA – TaliMar Financial, a Three Rivers Hard Money Lender, is excited to announce the most recent funding of a $1,190,000 Bridge Loan secured on a Single Family Home in Three Rivers, CA. The Loan was originated by Brock VandenBerg.
The client had approached TaliMar Financial seeking a short-term bridge loan to purchase the subject property from an auction. Our client used our Preferred Borrower Account Program to obtain a Letter of Credit to submit with their offer. After a conversation with the listing agent about our financing, the seller accepted the offer and we moved to close.
The Biggest hurdle on this transaction was the location of the property. The property was in a rural area with a lack of comparable sales. TaliMar Financial had worked with the client on several projects in the past and felt comfortable with their experience to move forward with the transaction. Because TaliMar Financial is a Direct Lender through our mortgage fund, TaliMar Income Fund I, we can quickly approve and fund the loan request.
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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) 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
Minimum Documentation
Business Purpose Only
Up to 70% of Completion Value
12 – 24 months
Low Rates
Interest Only Payments
Single Family and Multi-Family
California Only
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!
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