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April 6, 2023

$1,550,000 Short Term Loan in Fremont, CA

Rubicon funded a Short Term Loan in Fremont, CA. Our borrowers were up against a tight deadline to close escrow and needed to fund quickly. Rubicon’s diligent in-house underwriting team funded 7 days after issuing a Letter of Intent to the borrowers, enabling them to close on time! This short term loan included additional collateral in Newark, CA.

CLTV: 60%

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Previous deal $380,000 Cash-out in Union City, CA Next deal $258,000 Cash-out in Cupertino, CA
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Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

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(925) 283-8919