Lemon Grove, CA – TaliMar Financial, a Lemon Grove Hard Money Lender, is excited to announce the most recent funding of a $472,000 Fix and Flip Loan, secured on a Single-Family Home in Lemon Grove, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term private money loan to purchase and renovated the Subject property. The Borrower was already qualified through our Preferred Borrower Account Program and initially submitted a Proof of Funds Request through our Borrower Portal. Once their offer was accepted, we quickly approved the loan and funded it in less than 5 business days.
The biggest hurdle in this transaction was that the client had to close quickly. They didn’t have time to complete an appraisal, so we did an in-house valuation. Additionally, we funded 100% of the renovation costs.
This loan was a great example of why TaliMar Financial has become the preferred hard money lender for real estate investors for Fix and Flip, Bridge, and 30-Year Rental Loans. Our online, streamlined approach of approving loans has made us one of the fastest lenders in the industry.
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!