$6,700,000 Loan in Orinda, California
Rubicon funded a $6,700,000 loan in Orinda, California. Rubicon was able to help a borrower with a short-term loan using cross-collateralization. The loan is secured in first position by the purchase property and in second position by the additional collateral.
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Loan Amount: $6,700,000
Loan Term: 9 Months
CLTV: Under 40%
Loan Position: First position on the purchase property and in second position on the additional collateral.
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