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June 23, 2022

$500,000 Cash-out in Fremont, CA

Rubicon funded a $500,000 cash-out in Fremont. This loan was for a repeat borrower who needed operating capital to fund a purchase order.   Building is mixed-use and the unit used as collateral is over 2,500 SF of office space.  

LTV: Under 60%

 

Loan Position: 1st Deed of Trust 

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Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

(925) 283-8919