Fresno, CA – TaliMar Financial, a Fresno Hard Money Lender, is excited to announce the most recent funding of a $136,600.00 Hard Money Fix and Flip Loan, secured on a single-family home in Fresno, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because we are the preferred Private Money Lender for real estate investors that buy and rehab properties. In this scenario, our client had identified a single-family home that was in need of significant repair. The owner had owned the property for over 30 years and didn’t have the funds to make the necessary repairs. Our client worked with the owner to come up with a fair price to purchase the property and solve their headache.
The biggest hurdle on this transaction was the property was in a market that our team had not previously funded a loan. However, using our resources, we were able to underwrite and approve the loan request within 36 hours. The Borrower had used the TaliMar Financial Borrower Portal to submit their loan request which reduced the approval timeframe by over 48 hours.
This loan was a great example of how TaliMar Financial has the ability to be flexible in its lending criteria. Though Fresno is not a market that we traditionally target, we worked with our repeat clients to identify a solution.
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!