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April 7, 2021

MANTECA CUPERTINO CASH OUT FOR BUSINESS

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).

 
Previous deal CASH OUT IN SAN FRANCISCO, CALIFORNIA Next deal REFINANCE CASH-OUT, OAKLAND CALIFORNIA
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Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

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