Cash Out Loan in Southern California

Rubicon funded a $2M loan on a spectacular property in San Dimas, CA. This Single Family Residence includes 7 bedrooms, 6 baths, in 2 stories in over 8,000 square feet. Home includes amazing outside entertainment space with view, pool, patio with lots of sitting areas all on 0.81 acres lot. Borrower refinanced with cash out for Investment Purposes. Loan term is 1 year, Rubicon has 1st DOT and LTV is 60%.

Loan Amount: $2,000,000

Loan Term: 12 Months

LTV: 60%

Loan Position: 1st Deed of Trust