Rubicon recently funded a $380,000 cash-out loan secured by a 2496± square foot industrial condo unit. The proceeds will enable business expansion, and the exit strategy is to refinance with a conventional lender.

Loan Amount: $380,000
Loan Term: 12 Months
LTV: 55%
Loan Position: First Deed of Trust

Visit https://rubiconmortgagefund.com/borrowers-lending-criteria/ to learn more about our lending guidelines. to learn more about our lending guidelines.

Why Contact Rubicon?

*Current Loan Coming Due

*Unable to Refinance

*Unable to Qualify for a Conventional Loan

*Bankruptcy

*Foreclosure

*Buying out partners

*Cash out for Tenant Improvements

*Timing is of the essence

*Lending to:

Trusts, LLC’s, Corporations, & Partnerships

Lending Guidelines:

Loan Amounts: Up to $15MM

Loan-to-Value (LTV): Up to 65%

Loan– to– Cost (LTC): Up to 65%

Fixed Rates: Starting at 9% Interest Only

Origination Fee: Start at 1.5%

Loan Position: 1st DT Only

Loan Term: 1-Month Up to 5-Years

Prepayment: Depends on the loan term

Use of Proceeds: Business Purposes

Points of Intetest:

No Appraisal Required

Reliable Funding

Competitive Rates

In-house Underwriting

Letter of Intent within 24hrs of contacting us

Types of Loans:

Cash-out-loan

Refinance

Property Purchase

1031 Exchange

Bridge Loan

Loan Details

Loan Amount $380,000

Loan Term 12 Months

LTV 55%

Loan Position First Deed of Trust

Legal Disclaimer

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

Contact Rubicon Submit a loan request

Previous deal $1,750,000 Acquisition in Stockton, CA Next deal $1,550,000 Short Term Loan in Fremont, CA

$380,000 Cash-out in Union City, CA

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$380,000 Cash-out in Union City, CA

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