Julian, CA – TaliMar Financial, a Julian Hard Money Lender, is excited to announce the most recent funding of a $715,000 Bridge Loan, secured on a Single-Family Rental in Julian, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking private money cash out refinance on a single-family home investment property. The purpose of the funds was to purchase other investment properties to add to their property portfolio.
The biggest hurdle on this transaction was that the Borrower was looking for a quick close. As a Direct Lender through TaliMar Income Fund I, we have the ability to close quickly and offer flexible lending programs around the needs of the client.
This loan was a great example of our Borrower using our Borrower Portal to submit their loan request and upload the due diligence items. Using technology has cut down on the amount of time required to obtain Final Loan Approval. Additionally, they were already approved through our Preferred Borrower Account Program.
Special thanks to Julie Halferty at Allison-McCloskey Escrow Company and Karen Dennis at Ticor Title 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!