Funding from Rubicon enabled the borrower to secure the purchase even with multiple other offers on the table. Borrower was able to purchase their new property before selling their existing property.
Loan Amount: $800,000
Loan Term: 6 Months
LTV: 60%
Loan Position: 1st Position Deed of Trust on both purchase property (pictured above) and 1st Position Deed of Trust on existing property (pictured below)