San Diego, CA – TaliMar Financial is pleased to announce our most recent funding of a $361,500 hard money bridge loan secured on a single-family home in Val Verde, CA. Our client was nearly complete on the ground up construction of a single-family home and needed additional funds to complete the project. TaliMar Financial paid off the existing construction loan and structured a construction reserve account sufficient to complete the project.
The biggest hurdle on this transaction was the risk associated with lending on an existing construction project. Because the borrower had a successful history of new builds and was nearly complete, we were able to get comfortable with the loan request.
About TaliMar Financial
TaliMar Financial is a Val Verde 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.
Check out our hard money loan programs by clicking here.
Contact TaliMar today at (858) 613-0111 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.