San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $504,000.00 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 private money rehab loan to purchase and renovate a single-family home. They were seeking a max loan amount that included a renovation reserve (learn about What is a Renovation Reserve).
The biggest hurdle on this transaction was that the Borrower was seeking a Proof of Funds Letter (read more about What is a Pre-Approval Letter) prior to submitting their offer. The Borrower submitted their request through our website (click here to submit a request). They submitted our POF letter and had the offer accepted the following day.
This loan was a great example of how TaliMar Financial worked closely with our Borrower to successfully identify and fund their investment. Because we are a mortgage fund (learn more about TaliMar Income Fund).
Special thanks to Brooke Kane-Wootton at Finest City Escrow and Adam Fukushima at Corinthian 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!