Docs to Escrow in 5 Days!
RMF, LLC closed 2 loans this week by getting loan docs to escrow in 5 days! The first, in Berkeley, CA was a short-term loan of $160K for an SFR with an LTC of 36%. A cash-out for business...
Refinance Loan in Salinas, CA
Rubicon Mortgage Fund, LLC closed a $300,000 refinance of existing debt on a mixed-use office and duplex in Salinas, CA. Loan to value was 55%.
Hayward Duplex Acquisition Loan
Rubicon Mortgage Fund, LLC recently funded a $276,000 loan for the acquisition of this duplex property. This property is in good condition and the borrower intends to keep it as an investment...
Cash Out Loan in Northstar (Tahoe)
Rubicon Mortgage Fund, LLC funded a hard money loan on a non-owner occupied home in a well located area of Tahoe near Northstar. Borrower intends to use $600,000 cash out for business purposes....
Refinance Loan in Redding, CA
The owner of a multi-tenant commercial retail building totaling 39,447 square feet, who needed to refinance existing debt, came to Rubicon for funding. RMF provided a hard money loan of $1,860,000...