Back to portfolio
April 7, 2021

SHORT-TERM LOAN – RELOCATING FROM PALO ALTO TO MANTECA

This was a short-term loan to facilitate a purchase in Manteca, California. The client identified their replacement property but had not yet sold their existing property. Rubicon was able to provide a short-term 6 month short-term loan to facilitate the transaction.

Loan Amount: $519,000

CLTV: 42%

 

Ready to fund your next deal?

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.

(925) 283-8919