Short-term Loan in Palo Alto

Rubicon funded a $1.5M short-term loan on a Single Family Residence located in Old Palo Alto. This area is one of the most esteemed enclaves in the leafy, walkable neighborhoods close to Stanford University and is one of the most desirable areas in Silicon Valley. Rubicon’s loan is for 11 months, has a loan-to-value of under 30% and RMF holds the 1st Deed of Trust.

 

Loan Amount: $1,500,000

Loan Term: 11 Months

LTV: Under 30%

Loan Position: 1st Deed of Trust