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Walnut Creek, CA – TaliMar Financial, a Walnut Creek Hard Money Lender, is excited to announce the most recent funding of a $1,161,500.00 Hard Money Bridge Loan, secured on a single family home in Walnut Creek, CA. The loan was originated by Brock VandenBerg.
The Borrower contacted TaliMar Financial after their original lender closed their doors, leaving the Borrower in breach of their purchase agreement and jeopardizing their earnest money deposit. After a brief phone call, we advised the client to submit a loan application using our Online Loan Input Form and submit the diligence material through our Borrower Portal. Once received, we quickly approved and funded the loan.
The biggest hurdle on this transaction was the client was in jeopardy of losing their deposit if they didn’t close on the purchase in three days. After speaking with the seller’s real estate agent, we were able to get the Borrower some more time to close.
This loan was a great example of why a real estate investor should consider using TaliMar Financial to fund their hard money bridge loan requests. As a Direct Lender, we have full control over the approval process.
Special thanks to Jackie Kaumans and Paul Cotruvo at Old Republic Title – Walnut Creek 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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