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Lompoc, CA– TaliMar Financial, a Lompoc Hard Money Lender, is pleased to announce our most recent funding of a $281,000 Fix and Flip Loan secured on a single-family home in Lompoc, CA.
The Borrower reached out to TaliMar Financial seeking a cheaper option for their hard money Fix and Flip loans. We offered the Borrower a customized loan program that funded 80% of the purchase price and 100% of the renovation costs. The renovation funds will be disbursed to the Borrower over the course of the renovation.
Additionally, we approved the Borrower for our Preferred Borrower Account Program. By getting approved, we issued the Borrower a $1MM Letter of Credit which he submitted with his offer. The offer was promptly accepted and we closed in less than 5 business days.
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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