Deal Details
Private Loan Type
Purchase
Approx. Funding Date
12/02/2021
Property Type
Property City
Pleasanton
Property State
CA
Loan Term (months)
9
Lien Type
1st Trust Deed
Payment Type
Interest Only
Deal Summary
This loan was to fund the purchase of this single-family home, in first position deed of trust. In order to accommodate the borrower’s request, Rubicon was able to take additional security with a commercial building currently being used as a Chabad House. This purchase bridge loan was funded in December 2021.
Customer Feedback:
“Rubicon Mortgage Fund transformed our community’s acquisition from a stressful and complex undertaking into a smooth and trouble-free process. The members of their team were friendly, approachable, and took a genuine interest in our project. Our organization feels proud to have had Rubicon Mortgage Fund as a partner and funder in building community life in the Tri Valley. Rubicon understands the borrower’s situation and finds the solution.”