Non-Owner Occupied Investment Purchase in Moraga

Rubicon Mortgage Fund funded a $950,000 loan for a Single Family Residence in the spectacular Acalanes School District. This combined loan-to-value was under 50% and was cross collateralized with 3 condominiums in Walnut Creek, CA. Rubicon holds the 1st Deed of Trust on all 4 properties. The non-owner occupied townhouse in Moraga is a 3 bedroom/ 3.5 bath, completely remodeled, 2,000 square foot, with 2 private garden patios conveniently located on a cul-de-sac within walking distance of Moraga Country Club. The club has an 18-hole golf course, swimming, tennis and a completely remodeled club house with dining facilities. Term of loan is 1 year.

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