$400,000 Cash-Out Refinance in Benicia, CA

Rubicon Mortgage Fund recently facilitated a $400,000 cash-out refinance for a non-owner-occupied single-family residence in Benicia, California. This 2,086 square-foot property boasts stunning views of Southampton Bay, making it a prime asset for the borrower.

The borrower, a long-time and valued client of Rubicon, plans to channel the funds towards business expansion and investment opportunities. This strategic financial move will enable them to scale their operations, invest in new projects, and enhance their overall business portfolio. The cash-out refinance is set to bolster their capital, providing the necessary resources to seize growth opportunities and improve competitive positioning in the market.

Rubicon Mortgage Fund has consistently demonstrated a commitment to supporting their clients’ financial goals with tailored lending solutions. This recent transaction not only underscores the trust and strong relationship between Rubicon and the borrower but also highlights Rubicon’s role as a key partner in their clients’ growth journeys. The borrower’s excellent experience with Rubicon’s streamlined process has even led them to consider investing in the fund, further solidifying their confidence in Rubicon’s financial acumen.

Highlighting the efficiency and convenience of Rubicon’s services, the entire refinancing process was completed in under three weeks. This swift and seamless transaction underscores Rubicon Mortgage Fund’s commitment to providing rapid and reliable financial solutions for their clients.

Loan Amount: $400,000

Loan Term: 12 Months

LTV: Under 40%

Loan Position: First Position Deed of Trust