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Santee, CA – TaliMar Financial, a Santee Hard Money Lender, is excited to announce the most recent funding of a $507,500.00 Hard Money Fix and Flip Loan, secured on a single-family home in Santee, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term Fix and Flip loan to purchase and renovate an existing single-family home. The client required that the construction funds be included in the loan to ensure they could complete the upgrades.
The biggest hurdle on this transaction what that the client needs to close quickly. Because they were a repeat client and used our Borrower Portal to submit the diligence items, we were able to meet their tight timetable. Also, the seller was very concerned that the buyer was using a hard money loan to purchase the property, however, after a quick conversation, we put their concerns to ease.
This loan was a great example of why real estate investors should consider a Private Money Loan or Asset Based Loan from TaliMar Financial. Because we are a direct lender, we can offer very aggressive financing to close quickly.
Special thanks to Michelle Navarro at Prominent Escrow Services and Liz Ochoa at Lawyers Title – Irvine 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
Minimum Documentation
Business Purpose Only
Up to 70% of Completion Value
12 – 24 months
Low Rates
Interest Only Payments
Single Family and Multi-Family
California Only
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!
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