Recent Funding: $402,500 Fix & Flip Loan
TaliMar Financial is excited to announce our most recent funding of a $402,500 1st TD in Walnut Creek, CA. The funds were used to close on a 1031 exchange purchase.
The referring mortgage broker contacted TaliMar Financial seeking immediate funding of a purchase loan after their original lender cancelled their loan commitment. We offered aggressive terms to the borrower and funded within less than 5 business days saving the transaction.
The biggest hurdle on this transaction was the timing. The mortgage broker contacted us 5 days prior to the expiration date of the purchase agreement. Because they provided us all of the loan application and diligence material so quickly, we were able to underwrite, approve, and fund the loan request before the deadline.
TaliMar Financial is a San Diego based hard money lender that specializes in funding residential and commercial fix and flip loans, constructions loans, and bridge loans. We offer lending options for purchase and refinances, including cash-out refinances.
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