$600,000 Short Term Loan in Tracy, CA
Borrower wishes to buy prior to the sale of their current property. Additional collateral is a property in San Mateo. First position on subject property and second position on additional...
Short-Term Loan
Short-Term Loans allow Borrowers to purchase their new property before selling their existing property. By using a Short-Term Loan, Borrowers will use their existing property as additional collateral to make an extremely competitive offer, and possibly even purchase the new property with no down payment. Rubicon Mortgage Fund can offer up to a 60% Loan using the combined value of the 2 properties, subject to Rubicon’s internal valuation.
$980,000 Acquisition in San Leandro, Ca
Our client wished to purchase a new property prior to the sale of their existing property. Rubicon helped the borrower with a short-term loan using cross-collateralization. The loan is secured in...
$4,600,000 Short Term Loan in Lafayette, CA
Rubicon was contacted by Dana Green, real estate agent, on this property in need of an expedited turnaround to secure a loan for a client. Our team provided a letter of intent and went to tour the...
$2,600,000 Acquisition in Saratoga, CA
Our borrower contacted us in need of a quick close in order to purchase this beautiful home in Saratoga, CA as an investment property. At risk of losing the deposit to purchase the home, Rubicon...
$1,220,000 Short Term Loan in Moraga, CA
This Short-Term Loan enabled our borrower to purchase their new property before selling their existing property. Borrower needed a quick close to secure the purchase – in many real estate...