Lompoc, CA– TaliMar Financial, a Lompoc Hard Money Lender is pleased to announce our most recent funding of a $301,000 Fix and Flip loan secured on Single Family Home in Lompoc, CA. The Borrower will complete a cosmetic update of the property before listing it for sale.
The Borrower reached out to TaliMar Financial seeking a more aggressive option for their hard money loans. We offered several options, including our 70% of completion value loan. The loan funded 80% of the purchase price and 100% of renovation costs and did not require an appraisal.
When funding a Fix and Flip private money loan, TaliMar Financial specializes in working quickly to structure a loan around the specific needs of the borrower. We do not require an appraisal, tax returns, or income statements. Rather we complete an internal valuation to confirm the finished value and review the Borrower’s scope of work and project budget. Once approved, we can move to close within 5 business days.
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!