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San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of a $395,000 Hard Money Fix and Hold Loan secured on a Single-Family Home in San Diego, CA. The loan was originated by Brock VandenBerg.
The client approached TaliMar Financial seeking a quick close to purchase and renovate a single-family home. The renovations included updating the kitchen and bathrooms, installing new flooring, and painting the interior and exterior. The Borrower will lease the property once the renovations are completed and refinance our Fix and Flip Loan with our 30 Year Rental Loan.
The biggest hurdle on this transaction was that the Borrower had to close in less than 5 business days. Because TaliMar Financial is a DIRECT LENDER through our mortgage fund, TaliMar Income Fund I we can quickly approve and close loans. Additionally, we structure a loan around the needs of the client.
This loan was a great example of the TaliMar Financial team funding a loan quickly. Give us a call and let us show you how we can help you!
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!
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