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$240,000 Refinance in Merced, CA

Our borrower needed cash-out to pay off existing debt on another property. The collateral property is located in Merced, CA. Borrower owns multiple properties and wanted to restructure debt. Borrower is a seasoned property manager with a diverse portfolio of properties throughout the central valley.

 

Loan Amount: $240,000

LTV: 40%

Loan Position: First Deed of Trust

Loan Position: First Deed of Trust

$1,000,000 Working Capital Loan in Palo Alto, CA
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$1,000,000 Working Capital Loan in Palo Alto, CA

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$3,025,000 Cash-Out Rocklin, CA

$3,025,000 Cash-Out Rocklin, CA

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Loans will be made or arranged pursuant to the California Financing Law.

Rubicon Mortgage Fund, LLC
CFL 6053884
Rubicon Realty Advisors, Inc.
CFL 6053885
NMLS ID: 225729
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Loans will be made or arranged pursuant to
California Financing Law.

Rubicon Mortgage Fund, LLC,
CFL 6053884

Rubicon Realty Advisors, Inc.,
CFL 6053885
NMLS ID: 2257291
3575 Mt. Diablo Blvd, Suite 215
Lafayette, CA 94549
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