Lompoc, CA – TaliMar Financial, a Lompoc Hard Money Lender, is excited to announce the most recent funding of a $260,200 Hard Money Fix and Flip Loan secured on a Single Family Home in Lompoc, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a Private Money Lender that could fund their purchase and renovation costs. Because the Borrower had been approved through our Preferred Borrower Account Program, we were able to expedite their loan approval. In fact, we provided them a Proof of Funds Letter for their offer.
The biggest hurdle on this transaction was that the property was located in Central California, outside of our normal lending footprint. However, we worked with the Borrower to schedule a site visit for the loan approval, and because of their prior experience with TaliMar Financial, we were able to get comfortable with the loan request.
This loan was a great example of TaliMar Financial working closely with our client to push through a loan approval.
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!