Chula Vista, CA– TaliMar Financial is pleased to announce our most recent funding of a $450,000 Hard Money Bridge Loan secured on a single-family rental in Chula Vista, CA. The client was refinancing a high rate hard money loan that was maturing.
The biggest hurdle in this transaction was our Borrower showed little income except for the rents received on the property. As a business owner, Covid had impacted their income and they were in the process of reducing their overhead expenses. Because they showed strong credit and good payment history, we were able to approve the loan and expedite the closing.
As a direct hard money lender, TaliMar Financial specializes in identifying solutions for Borrowers who would not otherwise qualify for conventional financing. By understanding the problem first and then offering a structured hard money loan solution second, we can typically overcome the underlying issue to fund the hard money loan request.
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) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.