Non-Owner Occupied Investment Purchase in Moraga

Rubicon Mortgage Fund funded a $950,000 loan for a Single Family Residence in the spectacular Acalanes School District. This combined loan-to-value was under 50% and was cross collateralized with 3 condominiums in Walnut Creek, CA. Rubicon holds the 1st Deed of Trust on all 4 properties. This incredible investment in Moraga is a non-owner occupied townhouse containing 3 bedrooms/ 3.5 baths, is completely remodeled, and has 2,000 square feet of living space with 2 private garden patios conveniently located on a cul-de-sac within walking distance of Moraga Country Club. The club has an 18-hole golf course, swimming, tennis and a completely remodeled club house with dining facilities. Term of loan is 1 year.

Loan Amount: $950,000

Loan Term: 12 Months

LTV: Less than 50%

Loan Position: 1st Deed of Trust