Borrower used existing 250-unit apartment complex in San Andreas as cross collateral for this loan. Rubicon funded $420,000 to help borrower complete his purchase of a 7-unit multi-family unit in Lodi and add to his investment portfolio. The combined loan to value was under 40% and the loan term is 12 months.

Loan Amount: $420,000

Loan Term: 12 Months

CLTV: under 40%