Below is a recent cash out loan for our borrower to create liquidity for business operations. Rubicon cross collateralized this Manteca and Cupertino property to increase the loan amount.
Loan Amount: $300,000
Loan Term: 1 Year
Loan to Cost: Below 30%
Loan Position: First Deed of Trust on Manteca property (left), 2nd position deed of trust on the Cupertino property (right).
