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.

 

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.

 

Rubicon is actively funding loans throughout California. Reach out to someone from our team or call our office directly for all your private lending needs.