$1,500,000 Short Term Loan in Rancho Mirage, CA
Our borrower needed short-term loan to purchase a new house in Rancho Mirage before selling a house in Los Altos. Rubicon provided a short term-term loan securing both properties.
Loan Amount: $1,500,000
Loan Term: 9 months
Loan Position: 1st Deed of Trust on both properties