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April 11, 2021

$900,000 LOAN IN SAN JOSE, CALIFORNIA

Financing from Rubicon allowed the client to acquire these two buildings for business and investment purposes.

There was a hard deadline for the purchase and the borrower was unable to acquire conventional financing, Rubicon stepped in and was able to close prior to the deadline.

Borrower plans to occupy one of the buildings as an owner-user.

Loan Term: 2 Years

Loan Position: 1st Deed of Trust

Combined LTC: 60%

Previous deal $490,000 LOAN IN TRUCKEE, CA Next deal $1,750,000 REVERSE EXCHANGE IN SAN DIEGO, CA
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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.

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(925) 283-8919