$1,600,000 Short Term loan in Capitola, CA
Our borrower needed short-term bride loan to purchase a new house in Capitola before selling a condo in Santa Cruz. Rubicon provided a short term-term loan securing both properties. Upon the sale of the Santa Cruz property Rubicon will be paid off in full. This loan closed in 14 days.
1 Deed of Trust on both subject property (pictured above) and Deed of Trust on additional collateral (pictured below)