San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $1,028,250 Hard Money Fix and Hold Loan in San Diego, CA. Brock VandenBerg originated the loan.
The clients approached TaliMar Financial seeking a hard money loan to quickly close on the property. The Borrower had submitted a loan request with a Proof of Funds Letter drafted by our team using our Preferred Borrower Account Program. TaliMar quickly approved the loan, waiving the appraisal requirement, and closed on the property in less than 5 business days. Interested to learn best practices of getting a hard money loan approved, check out this article -> How to Get a Hard Money Loan Approved.
The biggest hurdle on this transaction was that the Borrower owns a portfolio of investment properties. Because TaliMar Financial is a Direct Hard Money Lender, we do not have a max property cap. In fact, we pride ourselves on working with real estate investors to build their property portfolios. Additionally, the loan was underwritten to the After Repair Value
This loan was a great example of TaliMar Financial being a value-add Private Lender to our borrower. Our relationship starts with our clients before they submit an offer to ensure that when they are ready to submit an offer and close, we can provide them with the highest level of service. Ready to submit our loan request, start with our Loan Application hub.
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!