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San Diego, CA – TaliMar Financial, a San Diego Hard Money Lender, is excited to announce the most recent funding of an $845,000 Hard Money Bridge Loan, secured on a Single-Family Home in San Diego, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial because they were seeking a short-term Private Money Bridge Loan to close on an investment property. They had been originally working with a bank to complete the financing, but due to issues with their debt-to-income ratio, they could not qualify. We quickly underwrote their real estate portfolio, got comfortable with their income, and approved them for the Hard Money Bridge Loan.
The biggest hurdle on this transaction was that the Borrower had to close quickly. Using our online application to submit their loan request, we were able to quickly gather all the information we needed to approve their loan request. Once approved, we worked closely with their escrow company to close on the hard money purchase loan.
This loan was a great example of why real estate investors should consider using TaliMar Financial for their hard money real estate loans. Because TaliMar Financial is a Direct Lender through TaliMar Income Fund I, our mortgage fund, we can offer aggressive lending programs and close quickly.
Special thanks to Tracy Huntington at Corinthian Title & Escrow and Adam Fukushima at Corinthian 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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