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El Centro, CA – TaliMar Financial, an El Centro Hard Money Lender, is excited to announce the most recent funding of a $200,900.00 Hard Money Fix and Flip Loan, secured on a single-family home in El Centro, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a hard money lender that would fund the purchase and renovation costs. We structured a loan that funded 80% of the purchase costs and 100% of the renovation costs. The renovation funds will be disbursed to the borrower over the course of the project.
The biggest hurdle on this transaction was that the property was located in a secondary market. However, we had a prior relationship with the borrower who specialized in this market and the were already approved through our Preferred Borrower Account Program.
This loan was a great example of why real estate investors should consider using TaliMar Financial for their hard money lending needs. Our platform allows borrowers to submit their loan request using our online loan request form and quickly receive a preliminary approval in less than 24 hours.
Special thanks to Kristina Villegas and Teo Cadenas at Stewart Title of California, Inc – El Centro 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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