San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $529,900.00 Hard Money Fix and Flip Loan, secured on a single-family home in San Diego, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term private money fix and flip loan to purchase an investment property that needed significant repairs. Their requirement was that the loan needed to include funds for the renovations. As a hard money lender that specializes in funding investment property loans for real estate investors, the approval was quick and the funding smooth.
The biggest hurdle on this transaction was that the client had 5 days to close once their offer was accepted. In order to expedite the approval process, the real estate investor used our Borrower Portal to submit the loan request and due diligence material. We were able to approve the loan in less than 48 hours and fund the loan within the short timeframe.
This loan was a great example of why investors buying residential or commercial real estate investments should consider TaliMar Financial for their private money loan requests. We work closely with real estate investors, mortgage brokers, and real estate agents. Also, we manage our own mortgage fund which makes our capital much cheaper and more flexible than most other lenders.
Special thanks to Albert Tapia at New Venture Escrow and Dee Dee Burland at Lawyers Title – San Diego 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!