REPEAT BORROWER FINANCING IN BERKELEY, CA

Working with repeat borrowers always makes transactions much more efficient. It is important to maintain relationships through the loan process to keep our customers happy. The borrower for this transaction has had a number of loans with Rubicon, enabling them to secure financing to acquire multiple investment properties to expand their property portfolio. They cross collateralized a second property in Berkeley and also put cash down to make this purchase happen.Loan Amount: $850,000Loan Term: 1 YearCLTV: Around 60%