Richmond Cash Out

Property is a 9,600 Square Foot Office/Commercial Building on a 25,000 Square Foot Lot in Richmond. Borrower needed a $600,000 Cash Out Refinance Loan for Business Purposes. Rubicon holds the 1st Deed of Trust on this 2 Year Deal. Loan to Value is 60%.

Loan Amount: $600,000

Loan Term: 24 Months

LTV: 60%

Loan Position: 1st Deed of Trust