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Vista, CA – TaliMar Financial, a Vista Hard Money Lender, is excited to announce the most recent funding of a $413,000 Hard Money Bridge Loan in Vista, CA. The Loan was originated by Brock VandenBerg.
The loan was brought to us by a Mortgage Broker looking to place a short-term purchase loan for their client. The Borrower owned their primary residence and their debt-to-income ratio extended banking guidelines. Once the borrower completes some moderate renovations and leases the property, they will be able to refinance the loan with conventional bank financing.
The biggest hurdle on this transaction was that the Borrower had to close in less than 2 weeks. The original lender notified the Borrower of the issue with the loan request less than two prior to close. They contacted several other lenders but couldn’t find a solution. They contacted the referring mortgage broker who immediately gave us a call. We provided approval in less than 24 hours.
This loan was a great example of knowing a Hard Money Lender that can move quickly. Because TaliMar Financial manages TaliMar Income Fund, we are the Lender and can offer aggressive lending programs at low rates.
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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