Acquisition Short Term Loan in Salinas, CA

Rubicon was approached by a borrower needing to close quickly to secure an acquisition of this property located in Salinas, California. Our internal underwriting team worked diligently and closed within 10 days. The property includes agricultural land a Single Family Residential home. 

Loan Amount: $1.2M 

LTC: 51%

Loan Position: First position deed of trust