Lompoc, CA – TaliMar Financial, a Lompoc Hard Money Lender, is excited to announce the most recent funding of a $300,000 Fix and Flip Loan, secured on a Single-Family Rental in Lompoc, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a private money Fix and Flip Loan to purchase and renovate a single-family investment property. Their request includes not only funds for the purchase of property but funds for the renovation costs as well. After submitting their loan request through our Borrower Portal, we reviewed and approved the loan in 24 hours.
The biggest hurdle in this transaction was that the property was located in Lompoc, CA. We typically focus on loans in more urban areas, however, due to the Borrower’s experience, we approved their loan request.
This loan was a great example of why real estate investors should apply for a Fix and Flip Loan through TaliMar Financial. As a direct Lender through TaliMar Income Fund I, we can offer an immediate response on any loan request and fund within 5 to 7 business days.
Special thanks to Dana Campitelli and Bridget Foss at First American 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!