As a direct California hard money lender, we offer flexible lending solutions at low rates and high LTV’s.
TaliMar Financial works quickly to structure a hard money loan that fits your specific scenario. Our lending platform is designed to offer flexible options and close quickly. We often close within 5 to 7 business days from receiving a loan application.
Talimar Financial offers aggressive hard money lending programs for real estate investors, operators, and brokers. We fund 1st and 2nd position loans with borrower with poor or no credit.
Why use Hard Money?
Real estate investors choose to use hard money for many different reasons. The main reason is the ability of the hard money lender to fund the loan quickly. Other reasons why a borrower may choose to use a private lender is that they have been rejected by the banks for a conventional loan or they prefer to limit the amount of documentation required to obtain a loan.
What Makes Hard Money Different?
A hard money lender focuses on the real estate rather than the borrower credit or income for their loan. That is not to say credit or income isn’t considered, but the primary security for the private lender is the real estate. Further, hard money lenders are more flexible in their lending options, require significantly less documentation, close much quicker, and will consider most property types.
What Types of Loans do Hard Money Lenders Fund?
Hard money lenders will fund many different types of loans including residential and commercial purchase and cash out refinance loans. Many of the loans funded by private lenders are used for fix and flips / rehabs, ground up construction, and short term bridge financing.
What Documents do Hard Money Lenders Require?
A simple call to a hard money lender will start the approval process. With some preliminary information, the hard money lender can tell you if they can fund the loan and the approximate pricing. Be sure to request a list of the required documents upfront.
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