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San Diego, CA

Loan Amount : $125,000

Position : 1st Trust Deed

Loan Type : Bridge

Duration : 12 Months

Details :

The Borrower inherited the aged single family home in San Diego, CA and was seeking funds for a full interior and exterior renovation.  The borrower was introduced to TaliMar Financial through their contractor.  TaliMar structured a loan that offered funds for the renovation and six months of interest payments.  Once the renovations are complete, the borrower will rent the property and refinance with a conventional loan.