Recent Funding: $560,000 Bridge Loan in Spring Valley, CA

Spring Valley, CA– TaliMar Financial is pleased to announce our most recent funding of a $560,000 Hard Money Bridge Loan secured on a single-family home in Spring Valley, CA.

Our client was purchasing the property as a 1031 exchange and was not able to secure conventional bank financing prior to the expiration of the purchase contract. A mortgage broker referred the client to TaliMar Financial in order to quickly close on the purchase.

TaliMar Financial worked closely to quickly underwrite the transaction. From the time the loan was referred to us to when we closed was less than 7 business days. Additionally, we had no appraisal requirement.

One of the most common hard money loan requests is a 1031 bridge loan. Our bridge loan program will fund up to 75% of the current value and does not have a debt service coverage ratio (DSCR) minimum. As a hard money lender, TaliMar Financial can easily structure a loan around the specific needs of the client.

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.