At Rubicon Mortgage Fund, we take immense pride in our ability to deliver bespoke financial solutions that address the unique needs of our clients. Recently, we had the pleasure of assisting a borrower in refinancing a condominium within a newly constructed 20-unit development in Los Altos—a location renowned for its luxury and desirability in the Bay Area. This opportunity not only underscores our commitment to excellence but also highlights the synergistic relationships we cultivate with banks, enabling us to serve a broader clientele with specialized needs.

This deal was brought to us through a referral from a bank, exemplifying the collaborative spirit that drives our operations. By working closely with financial institutions, Rubicon Mortgage Fund positions itself as a trusted partner capable of stepping in where traditional banking solutions may fall short. This benefits borrowers and banks alike, creating a robust support network for complex financial ventures.

The borrower in this scenario was no ordinary client; he was the visionary developer behind the entire 20-unit building. As the developer of this newly constructed development, he chose to carve out one unit for himself.

The allure of this refinancing deal was significantly enhanced by the prime location of the property. Situated in Los Altos, a high-end area revered by Bay Area locals, the development stands as a testament to luxury and convenience. Los Altos is not only a prestigious residential enclave but the building also offers proximity to a vibrant downtown area, making it a highly sought-after location for discerning homeowners.

Loan Amount: $1,200,000

Loan Term: 12 Months

LTV: Under 60%

Loan Position: First Position Deed of Trust