At Rubicon Mortgage Fund, we are dedicated to delivering expedient and solution-oriented hard money lending services tailored to clients in California’s dynamic real estate market. Recently, we encountered an exciting opportunity involving a refinance business loan for a free and clear property, where our team demonstrated exceptional flexibility and efficiency by closing the deal in under two weeks.

The property in question was a strategically located mixed-use building situated in the highly desirable downtown Berkeley area, just steps away from the University of California at Berkeley campus. Despite its prime location, traditional lenders were unable to assist due to the property’s vacancy and lack of debt service. This is where Rubicon Mortgage Fund stepped in, providing the necessary financing and expertise to support our client’s vision.

Our client, the property owner, has ambitious plans to swiftly renovate the building, attracting new tenants and revitalizing the space. Once the property is generating income and stabilized, our objective is to facilitate a seamless transition to a conventional bank loan as an exit strategy.

Rubicon Mortgage Fund’s rapid and responsive lending approach allowed us to navigate this unique financing challenge efficiently. We even processed the refinance business loan in reverse order, completing the inspection last to accommodate the urgency of the situation. This strategic maneuver, coupled with our deep understanding of hard money lending, ensured a smooth transaction aligned with our client’s goals.

This success story highlights our commitment to empowering real estate investors and property owners with quick and effective financing solutions. If you are facing similar financing needs or are exploring opportunities for a refinance business loan, we invite you to connect with us. Let Rubicon Mortgage Fund be your partner in achieving your real estate objectives with expertise and personalized service. Reach out today, and let’s discuss how we can assist you in realizing your vision.

Loan Amount: $500,000

Loan Term: 18 Months

LTV: Less than 50%

Loan Position: First Position Deed of Trust