San Diego, CA– TaliMar Financial, a Clovis Hard Money Lender, is pleased to announce our most recent funding of a $177,000 Fix and Hold Loan secured on Single Family Home in Clovis, CA. The client will complete a full renovation before leasing the property as a long term rental.
The Borrower reached out to TaliMar Financial for a short term private money Fix and Hold Loan because they needed to close quickly on the property and their existing funds were tied up in another project. Our Borrower had typically purchased their properties “all cash” but was looking to expand their real estate investment holdings using leverage from a hard money lender.
The biggest hurdle on this transaction was the Borrower had never used a hard money lender to fund a purchase. After a short due diligence call, our team was able to explain the underwriting and closing process and make the investor feel comfortable.
TaliMar Financial specializes in working with new and seasoned real estate investors. We understand that using a hard money lender to fund the purchase or refinance of a property can be stressful. However, as a Direct Hard Money Lender, with substantial experience funding private money loans, we can quickly put our client’s minds at ease.
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!