$4,000,000 Refinance and Cash-Out, Stockton / El Dorado Hills, CA

• Rubicon helped our borrower to pay off their existing lender and take additional cash-out to put back into their business.
• Exit strategy will be to refinance with a conventional lender once their business operations are stabilized.
• Rubicon’s loan helped the borrower to get back on their feet as the economy reopens and their revenues continue to normalize. 
• Loan Term: 24 Months
• Loan Position: 1st Deed of Trust on both properties
• Combined LTV: 60%