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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 $450,000 Bridge Loan, secured on a Single Family Home in Three Rivers, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short private money bridge loan to purchase the property. They had recently sold another investment property and was using the proceeds from the sale to purchase the subject property to complete a 1031 exchange. Because the property was located in a rural market and the Borrower had a short period of time to close, they decided that using a hard money bridge loan was the best option.
The biggest hurdle on this transaction was that the property was located in a rural market. However, TaliMar Financial had a strong track record with the Borrower and felt comfortable with the property, their vision to use the property as a Vacation Rental, and their financial strength.
This loan was a great example of why real estate investors should consider TaliMar Financial for their hard money loans. As a direct lender through TaliMar Income Fund I, we can often provide a higher level of flexibility when structuring and pricing loans. Additionally, our streamlined loan submittal process can make the approval and funding process simple and straightforward. Sign up for our Preferred Borrower Account Program today and see how we can boost your borrowing power.
Special thanks to Martha Ledezma-Avila at Stewart Title of California and Julie Storie at Stewart Title of California for assisting us with the close.
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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