Mobile Home Park Refi

A mobile home park with 41 unit spaces on 4.5 acres was the focus of this refinance. Borrower came to RMF and needed $700,000 to complete refi for the park in Oroville, CA. The term is 4 years, LTV is 50% and Rubicon holds 1st Deed of Trust.

Loan Amount: $400,000

Loan Term: 4 Years

LTV: 50%

Loan Position: 1st Deed of Trust