Rodeo Lending closes a $5,370,000 SFR Acquisition & Rehab loan in Montecito, CA

Property Type

Loan Type

September 29, 2021

Rodeo Lending is proud to have done an acquisition and rehab loan on this beautiful 4 bedroom 5 bathroom estate in the heart of Montecito, California. The borrower is an experienced designer who will transform this home to regain its glory while adding all the latest features that Montecito homebuyers demand. This loan was closed in a lightning-fast 7 days from start to finish. We look forward to seeing the beautiful designs come to life with the help of Rodeo Lending’s loan.

Deal Highlights:

  • 70% Loan to After Repair Value
  • Experienced Repeat Borrower
  • 7 Day Close
  • Built-in Interest Reserves

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