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September 9, 2021

$1,200,000 Short Term Loan in Pleasant Hill

Our borrower used their existing property as additional collateral to make an extremely competitive offer. This is useful when looking to purchase the new property with no down payment. This loan gave our Borrower the ability to make a more aggressive offer on their purchase and to buy before they sell, while giving them more flexibility on their timeframe to relocate.

CLTV: 58%

Ready to fund your next deal?

Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

(925) 283-8919