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El Centro, CA – TaliMar Financial, a El Centro Hard Money Lender, is excited to announce the most recent funding of a $280,000 Hard Money Fix and Hold Loan secured on a Single Family Home in El Centro, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term private money Fix and Hold loan to purchase and renovate an investment property. They had used conventional financing in the past for their purchases, but due to the short escrow, they had to use a lender that could close quickly. The Borrower was approved for our Preferred Borrower Account Program.
The biggest hurdle on this transaction was that the property was located in a secondary market and it was a first time Borrower. Due to the high demand and lack of supply in the El Centro, CA market and the Borrower experience, TaliMar Financial quickly approved the loan request.
This loan was a great example of why real estate investors should use a Direct Lender like TaliMar Income Fund I to fund their purchase or refinance real estate investment loans. Unlike traditional banks or brokers, our team can offer aggressive lending programs and close quickly.
Special thanks to Tarilyn Cobb at Chicago Title and Stacey Benner at Chicago 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!
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