TaliMar Financial is excited to announce our most recent closing of a $220,000 2nd position hard money bridge loan secured on townhome in Mission Beach, CA. The funds will be used to improve the property and other property owned by the Borrower.
The Borrower approached TaliMar Financial seeking a 2nd position hard money loan secured on a beach rental property they have owned for over 10 years. The property had substantial equity and the existing first was locked in at a low rate. The borrower didn’t want to lose the current rate on the first so TaliMar Financial structured a second that met the specific requirements of the borrower.
TaliMar Financial is a San Diego based California hard money lender that specializes in funding fix and flip, construction, and bridge loans. TaliMar will fund 1st and 2nd position trust deeds. As a direct lender, TaliMar can fund hard money loans within 5 business days and offer aggressive financing options. For more information on TaliMar Financial and our hard money lending programs, please contact Brock VandenBerg at (858) 613-0111 x1 or visit talimarfinancial.com.