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Short-term Loan From San Francisco Property to Oakland Property

Private Hard Money Loan cross collateralized two properties.

Our client was looking to up-size and relocate from San Francisco to Oakland. We cross collateralized two properties to be able to provide adequate funding. The property in San Francisco was a two bedroom condominium, and the Oakland property was a single family residential.

Loan Amount: $1,200,000

Loan Position: First deed of trust on Oakland property, Second deed of trust on San Francisco property.

CLTV 59%.

1788clay
ACQUISITION LOAN IN OAKLAND, CALIFORNIA
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Loans will be made or arranged pursuant to the California Financing Law.

Rubicon Mortgage Fund, LLC
CFL 6053884
Rubicon Realty Advisors, Inc.
CFL 6053885
NMLS ID: 225729
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Loans will be made or arranged pursuant to the California Financing Law.

Rubicon Mortgage Fund, LLC, CFL 6053884
Rubicon Realty Advisors, Inc., CFL 6053885
NMLS ID: 2257291

3575 Mt. Diablo Blvd.
Suite 215
Lafayette, CA 94549

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