Oceanside, CA – TaliMar Financial, a Oceanside Hard Money Lender, is excited to announce the most recent funding of a $420,000.00 Hard Money Fix and Flip Loan, secured on a single-family home in Oceanside, CA. The loan was originated by Brandon Warnke.
The Borrower contacted TaliMar Financial for purchase and renovation funds for a property they were purchasing through a wholesaler (read our article on What is a Wholesaler). Wholesalers have become a very important part of the real estate industry. They are the “bird dogs” for real estate investors, identifying profitable opportunities and allowing investors to focus on their projects.
The biggest hurdle on this transaction was that the client was purchasing the property through a wholesaler, and the wholesaler needed to get comfortable with our ability to perform as a lender. We explained to the wholesaler that we are a mortgage fund and utilized our own capital to fund our loans. We also provided them a schedule of recently funded loans (see schedule here).
This loan was a great example of why real estate investors have come to rely on TaliMar Financial for their hard money Fix and Flip loans. Our ability to pre-approve a borrower and provide them a Proof of Funds letter for their offer is just one of many benefits we provide our borrowers. If you have not already, check out our Borrower Portal (click here) to view our loan programs, request a Proof of Funds letter, and to submit a new loan request.
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!