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Bermuda Dunes, CA – TaliMar Financial, a Bermuda Dunes Hard Money Lender, is excited to announce the most recent funding of a $429,400.00 Hard Money Fix and Flip Loan, secured on a single-family home in Bermuda Dunes, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a quick close on a Fix and Flip project they had identified through a Wholesaler. Because they were a repeat borrower, they had already established their Preferred Borrower Account and were issued a Letter of Credit. Because they were ready to close, the wholesaler awarded them the contract.
The biggest hurdle on this transaction was that the client had to close in less than 5 business days. Because TaliMar Financial is a Direct Lender through our mortgage fund, TaliMar Income Fund I, we were able to meet their short timeline and fund the hard money Fix and Flip Loan.
This loan was a great example of how real estate investors that use hard money to fund their purchase loan prefer TaliMar Financial.
Special thanks to Lisa M Lewis at BST Marina Escrow Inc. and Jay Najera at Chicago Title Company – Glendale for assisting us with the close.
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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