Hard Money Bridge Loan in Rancho Bernardo, California

Funded by TaliMar Financial


Deal Details

Private Loan Type


Approx. Funding Date


Property Type
Single Family Residence
Property City

Rancho Bernardo

Property State


Deal Summary

In October 2020, TaliMar Financial funded a $350,000 1st Position Hard Money Rental Property Bridge Loan secured by a single-family home in Rancho Bernardo, near San Diego, CA. The Borrower funds were coming from a 1031 exchange resulting from the sale of another rental property the Borrower had jointly owned with a partner.

The Buyer Agent representing the Borrower was referred to TaliMar Financial after the Buyer’s original Mortgage Lender declined the loan 3 days prior to close. The hurdle on this transaction was the Borrower is self-employed and had some credit issues due to prior litigation resulting from a failed business venture.

Because TaliMar Financial is a direct hard money lender, we were able to structure a loan that met the requirements of the Borrower while funding in less than 3 business days. And because of the large down payment in this scenario, we did not require an appraisal.

Funded By

TaliMar Financial

California's Trusted Hard Money Lender

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