Purchase Bridge Loan for Non-Profit Organization in Pleasanton, CA

Funded by Rubicon Mortgage Fund, LLC

$1,400,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

12/02/2021

Property Type
Single Family Residence
Property City

Pleasanton

Property State

CA

Loan Term (months)

9

Lien Type

1st Trust Deed

Payment Type

Interest Only

Deal Highlights

Rubicon was able to take additional security w/ a CRE building currently used as a Chabad House.
Rubicon transformed our community’s acquisition from stressful & complex to smooth & trouble-free.
Rubicon understands the Borrower's situation and finds the solution.

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.”

Funded By

Rubicon Mortgage Fund, LLC

Northern California’s Premier Direct Lender | No Appraisal Required