Los Angeles, CA – TaliMar Financial, a Los Angeles Hard Money Lender, is excited to announce the most recent funding of a $647,000.00 Hard Money Fix and Flip Loan, secured on a single-family home in Los Angeles, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a private money lender that could assist them in buying real estate investment opportunities. When they first contacted TaliMar Financial, we suggested they sign up for our Preferred Borrower Account Program. That would give them access to a Proof of Funds Letter, expedited closings, and the ability to enroll in our Borrower Portal. Once they completed the registration process and activated their account, we issued them a Proof of Funds Letter. In less than two weeks, they had identified a property to purchase.
The biggest hurdle on this transaction was that the client agreed to close on the purchase in less than two weeks. Because they were already signed up for our Preferred Borrower Account program, the underwriting and approval process took less than 36 hours.
This loan was a great example of why real estate investors should use TaliMar Financial to fund their hard money loan requests. Our streamlined approval and fund process has made TaliMar an industry leader in the private lending sector. As a direct lender through TaliMar Income Fund I, we can structure and price loans that lenders who sell their loans simply cannot match.
Special thanks to John Salmon at Glen Oaks Escrow and Tony Grande at Fidelity National Title Company 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!