Single Family Residence
Equity Cash Out10/13/2020
TaliMar Financial, an Oceanside Hard Money Lender, is pleased to announce our most recent funding of a 1st position $507,325 hard money cash out refinance Bridge Loan secured on a Single Family Home in Oceanside, CA. The loan was underwritten to 70% of current value and had a term of 36 months. No appraisal was required. The Borrower approached TaliMar Financial with their loan request because their existing hard money loan was maturing. They were looking for a longer-term option at a lower rate and with cash out. Based on the property income and their credit, we were able to accomplish all three for the Borrower.