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April 12, 2021

$1,750,000 REVERSE EXCHANGE IN SAN DIEGO, CA

Rubicon’s loan enabled our borrower to negotiate better pricing and compete against 22 other offers in order to complete this exchange.

The borrower was in contract to purchase their replacement property before selling their existing property and needed fast financing.

Loan closed in just 8 business days.

Loan Term: 6 Months

Loan Position: 1st Deed of Trust on both properties

Combined LTV: 42%

 
Previous deal $900,000 LOAN IN SAN JOSE, CALIFORNIA Next deal $3,500,000 REFINANCE IN REDWOOD CITY, CA
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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.

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(925) 283-8919