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October 19, 2022

$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.

CLTV: 60%

Loan Position: 1st Deed of Trust on both properties

DOR001F Los Altos

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