Category: Cash Out

$450,000 Cash-out Loan in San Francisco, CA

Rubicon recently funded a cash-out loan secured by a 3,358± SQ FT retail property located in San Francisco. The borrower has operated the restaurant at this location for 17 years and purchased the property one year ago for $1,450,000 cash. The borrower also owns multiple other restaurants in the Bay Area.


Borrower quote: “From beginning to end, every interaction with every team member at this business was top notch, knowledgeable, warm and professional. They took care of me during a very stressful loan process when I was on a hard deadline to borrow lots $$$. Can’t recommend these folx enough! Also, Casey was the best!” (BB)


Loan Amount: $450,000

Loan Term: 12 Months

Loan Position: First Deed of Trust

Loan-to-Value: 35%


To learn more about our loan process, click here. 

$1,000,000 Cash-out Loan in McKinleyville, CA

Rubicon financed a cash-out loan for working capital. This loan is secured in first position deed of trust by two commercial retail buildings located in McKinleyville and Crescent City, CA, totaling approximately 39,600± Square Feet of retail space. Our borrower are experienced theater owner and operator, and plan to pay us with cash flow over the next few years. The company owns over 15 movie theaters.


Quote from Borrower: “It truly was a pleasure working with the Rubicon team. I was so impressed with the responsiveness of Christie and Cheryl, they gave a nice easy checklist and kept me up to date on where we were with things. Since the funding, I have also had some interaction with Meghan by email, and she was responsive as well. This was the most straightforward and streamlined financing I have completed, where expectations were clearly communicated.” DH


Loan Amount: $1,000,000

Loan Term: 3 Years

CLTV:  50%


As a lender, Rubicon understands that transaction speed matters. Borrowers who work with Rubicon can expect to receive a letter of intent within 24 hours of contacting us, as well as to receive funding in as little as two weeks. We understand that no two loans are the same, which is why we work with each individual borrower to creatively structure a deal that meets their needs. 

To learn more about our loan process, click here. 

$2,450,000 Short-term in Livermore, CA

Rubicon funded a short-term loan in Livermore for the acquisition of a single-family residential property, with additional collateral in Fremont, CA. Rubicon will be paid off upon the sale of the Fremont property.  Rubicon’s in-house underwriting team worked diligently and funded in just two weeks!  

 

Loan Amount: $2,450,000

Loan Term: 11 months

CLTV: 50%

Loan Position: First position deed of trust on both properties

$575,000 Cash-out Loan in San Jose, CA

Rubicon financed a cash-out loan for working capital. The loan is secured in first position deed of trust on this non-owner-occupied Single Family Residential home in San Jose, CA. The SFR is owned free and clear and also includes a permited ADU. The borrower plans to refinance with a conventional lender as an exit strategy. This funding completed our third loan with this repeat borrower.

Loan Term: 1 Year

LTV: 55%

As a lender, Rubicon understands that transaction speed matters. Borrowers who work with Rubicon can expect to receive a letter of intent within 24 hours of contacting us, as well as to receive funding in as little as two weeks. We understand that no two loans are the same, which is why we work with each individual borrower to creatively structure a deal that meets their needs. 

To learn more about our loan process, click here. 

$1,575,000 Short Term Loan in Pleasant Hill, CA

Short term loan in Pleasant Hill for the Acquisition of a single-family residential property.  Our borrowers used Rubicon to make a stronger offer on the purchase. They intend to pay off Rubicon after the sale of their Orinda, CA property. 
Loan Amount: $1,575,000
Loan Term: 11 months
CLTV: 50%
Loan Position: First on Subject Property, 2nd position on Additional Collateral

To learn more about our loan process, click here.

$258,000 Cash-out in Cupertino, CA

Recently, Rubicon funded a cash-out in Cupertino secured by a non-owner-occupied single-family residential property located in Cupertino, CA. This borrower is a repeat borrower and needed a short-term loan providing capital for property improvements. Borrower intends to keep property as a rental once the renovations are completed. 

Rubicon is actively funding throughout California. For more information on our lending guidelines and our process, please visit our Borrowers Lending Criteria page or call our office directly at 925-283-8919.  

Loan Amount: $258,000

Loan Term: 2 Years

Loan Position: First Deed of Trust

LTV: 15%

As an asset-based commercial real estate lender in California, Rubicon Fund lends money for 1031 Exchange, Construction Financing, Restructuring Debt, Investment Acquisition, Loans to Trusts & Vacant Properties often funding in as little as two weeks.

 

WHAT TO EXPECT FROM RUBICON

• Accelerated turnaround time on quotes and terms

• Reliability to complete your transaction fast and efficiently

• Extensive knowledge of creative and secured loan transactions

• All property types funded except owner-occupied residential

• We do Note Hypothecations or loans for Note Purchases | We buy Notes

 

WHAT IS REQUIRED FROM YOU

• Desire to borrow $250k – $15M for your project

• Desire to borrow Loan-to-Value (LTV): Up to 65%

• Property is located in California, you do not have to be

• Provide docs to close your loan, often in as little as two weeks

• Any property type funding other than owner-occupied residential

 
 

LENDING GUIDELINES:

Property Location: California lending only
Loan Amounts:  $250,000 – $15,000,000
Loan-to-Value (LTV):  Up to 65% LTV
Rates: starting at 8.00% interest only
Fees:  Starting at 1.5% (points)
Loan Position:  1st Position Only
Loan Term:  Up to five years
Prepayment Penalty: Negotiable
Use of Proceeds: Business and Commercial purposes (exceptions may apply)

$380,000 Cash-out in Union City, CA

Rubicon recently funded a $380,000 cash-out loan secured by a 2496± square foot industrial condo unit. The proceeds will enable business expansion, and the exit strategy is to refinance with a conventional lender. 

Loan Amount: $380,000
Loan Term: 12 Months
LTV: 55%
Loan Position: First Deed of Trust

Visit https://rubiconmortgagefund.com/borrowers-lending-criteria/ to learn more about our lending guidelines.  to learn more about our lending guidelines. 

Why Contact Rubicon?

*Current Loan Coming Due

*Unable to Refinance

*Unable to Qualify for a Conventional Loan

*Bankruptcy

*Foreclosure

*Buying out partners

*Cash out for Tenant Improvements

*Timing is of the essence

 *Lending to: 

Trusts, LLC’s, Corporations, & Partnerships 

Lending Guidelines:

Loan Amounts: Up to $15MM

Loan-to-Value (LTV): Up to 65%

Loan– to– Cost (LTC): Up to 65%

Fixed Rates: Starting at 9% Interest Only

Origination Fee: Start at 1.5%

Loan Position: 1st DT Only

Loan Term: 1-Month Up to 5-Years

Prepayment: Depends on the loan term

Use of Proceeds: Business Purposes

Points of Intetest:

No Appraisal Required  

Reliable Funding

Competitive Rates 

In-house Underwriting 

Letter of Intent within 24hrs of contacting us

Types of Loans:

Cash-out-loan

Refinance

Property Purchase

1031 Exchange

Bridge Loan

$600,000 Investment Acquisition in Palm Springs, CA

Rubicon recently funded this transaction for a long-time, repeat borrower. Our borrower needed cash to secure the acquisition of this non-owner occupied single family residential property located in Palm Springs. The borrower plans to either keep the property as a rental or to sell it in the future.  

Loan Amount: $600,000

Loan Term: 12 months

LTC: 62.5%

Loan Position: First deed of trust on all properties

 

$900,000 Refinance/Cash-out on commercial T.I.C. in San Francisco, CA

Rubicon funded the refinance/cash-out of this 1,800 SF retail unit located on the ground floor of this San Francisco property located in the Lower Haight area.  A challenge on this transaction is that the property is held as a T.I.C. – tenants in common.  Many lenders are not able to finance transactions that are T.I.C., but Rubicon worked with an outside legal team to customize documents to fit the loan.  The downstairs of the property is currently a hair salon, and the exit strategy is to sell the unit to the tenant.

Loan Amount: $900,000

Loan Term: 12 Months

LTV: under 55%

Loan Position: First Deed of Trust

Rubicon is actively funding loans throughout California. Reach out to someone from our team or call our office directly for all your private lending needs.

$6,700,000 Loan in Orinda, California

Rubicon funded a $6,700,000 loan in Orinda, California. Rubicon was able to help a borrower with a short-term loan using cross-collateralization. The loan is secured in first position by the purchase property and in second position by the additional collateral.

 

Loan Amount: $6,700,000

Loan Term: 9 Months

CLTV: Under 40%

Loan Position: First position on the purchase property and in second position on the additional collateral.

 

Rubicon is actively funding loans throughout California. Reach out to someone from our team or call our office directly for all your private lending needs.

$3,150,000 refinance/cash-out in Concord, CA

Rubicon funded a $3,150,000 refinance/cash-out of multiple rental properties located in Clayton and one located in Concord, California. The loan is secured in first position by one 5-plex in concord. This 5-plex is home to 5 separate houses each with a garage on the same parcel. The loan is also secured by two houses and a .93-acre vacant lot. These three properties have just finished entitlements and approvals on an 80-unit, 55, and older condominium complex. The loan also has a built-in interest reserve.

 

Loan Amount: $3,150,000

Loan Term: 24 Months

CLTV: Under 40%

Loan Position: First Deed of Trust on all properties.

Rubicon is actively funding loans throughout California. Reach out to someone from our team or call our office directly for all your private lending needs.

$3,150,000 refinance/cash-out in Concord, CA
$3,150,000 refinance/cash-out in Concord, CA

$750,000 for a refinance / cash out for business purposes

Borrower owns and operates several hotels throughout the San Francisco Bay Area and was looking for a refinance of the current lender and for working capital to put back into their business operations.  Rubicon secured a first position deed of trust on the Four Seasons apartment, enabled the borrower to pay off their existing lender, and gave them the additional cash out to put back into their business.

  • 6 month loan term
  • 50% LTV.
    Single unit at the 765 market street apartment building.

Rubicon Mortgage Fund