Rodeo Lending Closes a $4,000,000 residential investment purchase in Montecito, California

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February 18, 2020

Rodeo Lending recently closed an expedited $4,000,000 purchase of an Investment Residential Property in Montecito, California. This 1920’s classic features 6 bedrooms, 3 bathrooms and approximately 6,949 sq ft of floor space on 0.84 acres. Our experienced high-end developer will refinance this 3-Month loan upon receiving construction permits.

HIGHLIGHTS:

  • 65% Loan to Value
  • 5 Day Closing
  • Experienced Repeat Client

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