San Diego, CA – TaliMar Financial, a San Diego hard money lender, is pleased to announce our most recent funding of a $715,000 Fix and Flip loan secured on Single Family Home in San Diego, CA. The Borrower intends to complete a cosmetic renovation before listing the property for sale.
The buyer agent on this transaction reached out to TaliMar Financial requesting information on our Fix and Flip loan program for their client. We sat down with the listing agent to discuss the advantages of our program and she quickly scheduled a meeting with her client. Within 1 week of our meeting with the borrower, we had approved them for our Preferred Borrower Account Program, issued them a Letter of Credit, and closed on their first hard money loan.
Our hard money fix and flip loan was structured at 70% of the completion value and included 100% of the renovation funds. No appraisal was required and we closed in 5 business days. The renovation funds will be disbursed to the borrower over the course of the project.
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!