Borrower had a difficult time qualifying for conventional financing due to poor cash flow, and Rubicon stepped in when they had less than a month to pay off existing lender.

Rubicon included a 12 month interest reserve, enabling the borrower to stabilize their property and cash reserves.

Loan Amount: $1.700,000

Loan Term: 6 Months

LTV: 55%

Loan Position: 1st Deed of Trust