Borrowers needed a cash-out loan to pay off business debt. Properties were both owned free and clear by borrowers. Upon sale of company, Rubicon will be paid back in full.

Loan Amount: $1,300,000

Loan Term: 6 Months

CLTV: 62.5%

Loan Position: 1st Deed of Trust on both properties

Rubicon is actively funding loans throughout California. Reach out to someone from our team or call our office directly for all your private lending needs.