El Centro, CA – TaliMar Financial, an El Centro Hard Money Lender, is excited to announce the most recent funding of a $177,000 Fix and Hold Loan, secured on a Single-Family Rental in El Centro, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term private money Fix and Flip Loan to purchase and renovate the single-family home. The repeat client specializes in buying real estate investment properties in the El Centro market.
The biggest hurdle on this transaction was that the property was located in El Centro, CA and that they needed to close quickly. Because TaliMar Financial is a Direct Lender through TaliMar Income Fund I, we were able to make an exception on the property location and fund in less than 3 business days. Additionally, the Borrower had been approved for the TaliMar Financial Preferred Borrower Account which gave them access to a Letter of Credit and expedited closing.
This loan was a great example of why a real estate investor should consider using a hard money lender such as TaliMar Financial to fund their Fix and Flip 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!