- 3575 Mt. Diablo Blvd., Suite 215 Lafayette, CA 94549
- (925) 283-8919
- 3575 Mt. Diablo Blvd., Suite 215 Lafayette, CA 94549
- (925) 283-8919
An asset-based loan is a loan that is secured by a physical asset. This means that the borrower who is looking for the loan is not as big of a factor as the asset itself. For Rubicon Mortgage Fund, we generally lend up to 60% of the value of a physical asset. Meaning, if a property is valued at $1,000,000 â Rubicon will potentially lend up to 60% of that, or $600,000. This allows a person who has wealth tied up in real estate to take a loan against their property and receive cash they need quickly.
âĒ Asset based loans rely on the value of the property as collateral for the loan. This allows people who may not otherwise qualify for funding to use their property value as collateral.
âĒ Your current loan is coming due and you are unable to refinance.
âĒ Unable to qualify for a conventional loan.
âĒ Buying out partner/spouse.
âĒ Cash out for property improvements.
âĒ You need money fast for your transaction.