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April 10, 2021

$490,000 LOAN IN TRUCKEE, CA

$490,000 Loan in Truckee, CA

Borrower was in contract and needed to close quickly to secure the investment acquisition.

Borrower intends to keep property as a rental.

Loan Term: 1 Year

Loan Position: 1st Deed of Trust

LTC: 60%

Previous deal INDUSTRIAL WAREHOUSE ACQUISITION IN LIVERMORE, CALIFORNIA Next deal $900,000 LOAN IN SAN JOSE, CALIFORNIA
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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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