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San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $472,500 Hard Money Fix and Flip Loan secured on a Single Family Home in San Diego, CA. The loan was originated by Brock VandenBerg.
The client initially approached TaliMar Financial seeking a Proof of Funds Letter for their offer. We suggested they sign up for our Preferred Borrower Account Program and get access to our Letter of Credit and expedited closings. Once they submitted their application, we quickly approved their account and issued them a $1MM Letter of Credit for their offer.
The biggest hurdle on this transaction was that the borrower needed to close in less than 10 business days. As a DIRECT Lender through TaliMar Income Fund I, we have the ability to approve loan requests in less than 24 hours and close in three days or less. That is why TaliMar Financial has become the preferred Hard Money Lender for real estate investors and their buyer agents.
This loan was a great example of a real estate investor using the Preferred Borrower Account Program to submit their offers with the confidence that once the offer is accepted, they can close quickly. The chances are high that their offer was accepted because they used a Proof of Funds Letter from TaliMar Financial.
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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