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Upland, CA – TaliMar Financial, an Upland Hard Money Lender, is excited to announce the most recent funding of a $579,500 Hard Money Fix and Flip Loan secured on a Single Family Home in Upland, CA. The loan was originated by Brock VandenBerg.
The Borrower was introduced to TaliMar Financial through a mortgage broker and real estate investor that was seeking a short-term private money fix and flip loan for their client. They had locked up the property with a purchase contract and sold the contract, also known as wholesaling the contract, to our Borrower. Using our online application process, they submitted their loan request and we funded the loan in less than 10 business days.
The biggest hurdle on this transaction was that we had never worked with this client. Because the Borrower had to close quickly on the purchase, our team got to work immediately underwriting the Borrower and Project.
This loan was a great example of why a real estate investor would want to use a hard money lender to finance the purchase of their real estate investment project. As a Direct Lender, TaliMar Income Fund I can quickly review all loan submissions and have a term sheet issued within 24 hours.
Special thanks to Alice Robbins at One Vision Escrow and Chris Akins at Ticor 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
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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