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$1,700,000 Refinance and cash-out in Sacramento, CA

Introduction

Refinance and cash-out loan to a Family Trust is secured by two multi-family units totaling 25-units, as well as a Duplex. As a direct asset-based lender, Rubicon is in a unique position to lend to Trusts and Estates.  In this recent closing, Rubicon made a loan to a family trust which enabled two siblings to help with taking over some properties held through a trust. This new private loan took the trust out of an expensive private note and gave some additional cash out for property improvements and clean up.

Loan Amount: $1,700,000

Loan Term: 12 months

LTV: Under 50%

Loan Position: First deed of trust on all properties. 

Pictured above is a 13-unit multi-family building.

Pictured below is an 8-unit multifamily property and a duplex.

 

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Loans will be made or arranged pursuant to the California Financing Law.

Rubicon Mortgage Fund, LLC
CFL 6053884
Rubicon Realty Advisors, Inc.
CFL 6053885
NMLS ID: 225729
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Loans will be made or arranged pursuant to the California Financing Law.

Rubicon Mortgage Fund, LLC, CFL 6053884
Rubicon Realty Advisors, Inc., CFL 6053885
NMLS ID: 2257291

3575 Mt. Diablo Blvd.
Suite 215
Lafayette, CA 94549

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