$850,000 Tracy Refinance Loan

An existing debt refinance was the purpose of this $850,000 loan for Rubicon. This Commercial Retail building has approximately 5,600 square feet and is on 1.30 acre lot. Located in a prime location with high visibility from freeway. This is the heart of Tracy with the most through traffic. Loan term is for 1 year, LTV is 60% and RMF holds the 1st Deed of Trust.