$4,000,000 Refinance and Cash-Out, Stockton / El Dorado Hills, CA
Rubicon completed a refinance while using three separate properties; two SFR homes, one lakefront, as well as an additional lakefront lot.
Loan Term: 2 Years
Loan Position: 1st Deed of Trust on all properties
Combined CLTV: Under 50%
Refinance of a mixed-use office/residential building in Pinole, California.
The borrower currently utilizes the ground floor to run their construction company. The four residential units upstairs are 100% occupied.
Loan Term: 18 Months
Loan Position: 1st Deed of Trust
LTV: 60%
Rubicon provided a loan to refinance this 10,613 square foot retail building in Redwood City. The property is home to 5 restaurants and is located on the main thoroughfare.
Loan Term: $3,500,000
Loan Term: 1 Year
LTV: 65%
Loan Position: 1st Deed of Trust
Loan Amount: $1.2M
Location: Napa, CA
Purpose: Refinance for Business Purpose
Loan Position: 1st DOT
Loan to Value: 60%
Term: 1 Year
Property Type: Executive Office Condominiums
Rubicon was able to help the borrower refinance out of a mortgage that had matured. The cash out loan provided the borrower with working capital for the business. The collateral is an environmentally clean site.
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Loan amount: $620,000
LTV: under 50%
This borrower needed quick financing to pay off an existing bank loan. They were up against a tight time frame, and Rubicon was able to refinance their existing loan and save a potential foreclosure situation.
Loan Amount: $250,000
Loan Term: Two Years
LTV: Less than 50%
Loan Position: 1st Deed of Trust