San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $609,000 Fix and Flip, secured on a Single-Family Rental in San Diego, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a private money lender that could quickly close at the purchase and fund the renovation costs. We offered them a very aggressive lending option that included 100% of the renovation costs. The Borrower will draw from the renovation funds over the course of the project.
The biggest hurdle on this transaction was that the client had to close quickly. Using our recently launched Borrower Portal, they submitted their loan request, approved the loan terms, and uploaded their due diligence material within less than 24 hours.
This loan was a great example of TaliMar Financial using technology to help our clients quickly close their loan requests. As a Direct Lender through TaliMar Income Fund I, we quickly review, approve, and fund hard money loan requests.
Special thanks to Theresa Harris and Jim Burda at Netco 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!