Rubicon Mortgage Fund, LLC recently funded a $275,000 hard money short-term loan on a Residential property located in Loomis, CA. The purpose of this loan was Acquisition.  The borrower intends to refinance through a conventional lender prior to maturity. Rubicon’s loan to cost was 53%. Closing took only two weeks!

Loan Amount: $275,000

Loan Term: 12 Months

LTC: 53%

Loan Position: First Deed of Trust