Imperial Beach, CA – TaliMar Financial, an Imperial Beach Hard Money Lender, is excited to announce the most recent funding of a $681,800.00 Hard Money Fix and Flip Loan, secured on a single-family home in Imperial Beach, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial for a private money Fix and Flip loan after being referred by other real estate investors. The top 3 requests the real estate investor had for TaliMar Financial was, (1) could we close in 5 business days, (2) could we offer a loan that included 100% of the renovation funds, and (3) could we offer competitive pricing. TaliMar Financial nailed all three requirements.
The biggest hurdle on this transaction was that the Borrower had to close quickly while rates on hard money loans were rapidly increasing. Because TaliMar Financial is a direct lender through our mortgage fund, TaliMar Income Fund I, we were able to close with our initial pricing.
This loan was a great example of why real estate investors prefer to use TaliMar Financial for their real estate hard money loans. Our streamed-lined underwriting process has made it easier for investors to get approved and close quicker.
Special thanks to Michelle Navarro at Prominent Escrow and Liz Ochoa at Lawyers Title 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
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!