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Direct Lender for Northern California Real Estate

Rubicon Mortgage Fund, LLC is a direct private lender that specializes in short-term bridge financing. We fund loans for all major types of property including Multi-family, Commercial, Retail, Mixed-Use, Industrial, Hotels, Mini Storage, Office, and Special Purpose. We loan up to $12M in first position only, and our loan to value (LTV) is up to 65%. Give us a call and we can will provide you with a solid quote within 24 hours.

What to Expect From Rubicon:

  • Accelerated turnaround time on quotes and terms
  • Reliability to complete your transaction fast and efficiently
  • Extensive knowledge of creative and secured loan transactions
  • All property types funded except owner-occupied residential
  • Bridge loans funded in less than 2 weeks
  • No formal appraisal required – we do our own valuation in-house

Property Geographic Area Details

We only lend in California, and mostly Northern California

Loan Amounts

$100,000 to $12,000,000

Interest Rates

6.75% to 9.75%

Max Loan-To-Value

65%

Max Loan-To-Cost

65%

Origination Fees

1.00% to 4.00%

Loan Terms

6 months to 60 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Value Add Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Auto Repair
  • Car Wash
  • Casino
  • Commercial Condominium
  • Condominium
  • Gas Station
  • Gym
  • Hotel
  • Industrial
  • Mixed-Use
  • Mobile Home Park
  • Multifamily
  • Office
  • Portfolio of Residential Properties
  • RV Park
  • Retail
  • Single Family Residence
  • Storage Facility

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge

Specialty Loan Types

  • Note Purchase
  • Reverse 1031 Exchange

Purchase Loan

Max Loan-To-Purchase Price

60%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Equity in Primary Residence

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

3

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized

Pre Payment Penalty

no

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Trust
  • Corporation

Documentation Required

  • Tax Returns
  • Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

no

Appraisal Required for Residential Property

Never

Appraisal Required for Commercial Property

Never

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Commercial Property

Never

Fees

Deposit Required

$2,500.00 to $0

Deposit (or Due Diligence Fee) is credited back if the loan closes. The Deposit is required before a site visit occurs.

Minimum Origination Fee Amount

$10,000

Fees which are mandatory for all new borrower clients

  • Deposit
  • Escrow Fee
  • Title Fee

Fees which are charged upfront prior to loan closing

  • Deposit

Fees which are paid to a third party company

  • Escrow Fee
  • Title Fee

Legal Disclaimer

Interest rates and fees subject to change without notice.

Rubicon Mortgage Fund, LLC is a licensed California finance lender that consists of a diversified pool of loans collateralized by commercial and other types of investment real estate. Rubicon specializes in short-term secured loans and direct, hard money commercial lending. We understand that occasionally loans do not fit into the standard model of traditional lenders. Hence, we focus on funding non-conventional loans. Based in the San Francisco Bay Area, our focus is Northern California, but we lend throughout California.

License

CFL #02042258

Company Size (Number of Employees)

11

Year Established

2008

Associations

  • Bay Area Mortgage Association

Office Locations

Rubicon Mortgage Fund, LLC
3575 Mt. Diablo Boulevard, Suite 215, Lafayette, California 94549

Primary Capital Source

  • Own Funds
  • Individual Investors

Alternative Capital Sources

  • Family Offices
  • Bank Credit Line

Loan Structure for Majority of Loans

  • Own Balance Sheet

Alternative Loan Structures

  • Multiple Lender Participation

Percentage of company’s lending business focused on private mortgage

90%

Company’s Other Business Activities Besides Private Mortgage Lending

  • Commercial Mortgage Brokerage

Percentage of Loans Secured by Commercial Property

70%

Percentage of Loans Secured by Residential Property

30%

Percentage of Loans Secured by Land

1%

Vance Hillstrom

Principal

Since 2005 Vance has been a part of private mortgage banking working primarily in the capacity of underwriting debt transactions and raising investor funds. Vance is currently one of the two managing partners of Rubicon Mortgage Fund, LLC where he concentrates most of his time underwriting loans and structuring debt transactions. Prior to private mortgage banking, Vance was an independent trader trading 30-year bond futures on the Chicago Board of Trade and thereafter worked as the Lead Market Maker for Microsoft at the Pacific Options Exchange. Vance graduated from DePauw University with a degree in Economics. Vance has his California Department of Real Estate Broker License.

License Information
CA DRE Broker Lic. - 01908390

Doug Watson

Principal

Doug has been active in the real estate industry since 1990, working in commercial development with Spieker Properties, brokerage with CB Commercial Real Estate, and for Stewart Title Insurance in the National Title Unit. These positions included experience in sales, leasing, project management, and financing. Doug is a licensed real estate salesperson. In 2006, Doug founded his private mortgage banking company, Rubicon Capital Partners, Inc. Doug previously worked for two other private commercial mortgage banking firms, successfully raising investor funds and underwriting loan transactions. He continues those same responsibilities today at Rubicon Mortgage Fund, LLC. Doug belongs to several local real estate associations including: The Bay Area Mortgage Association (BAMA), The Belden Club, Mortgage Bankers Association (MBA), California Mortgage Association (CMA), the California Mortgage Banker Association (CMBA), Turnaround Management Association (TMA), and the International Council of Shopping Centers (ICSC). Doug graduated from UC Davis with a BA in Communication. Doug currently resides in Lafayette, California with his wife, Jenny, and their three sons.

License Information
CA DRE Lic. - 01267637

Completed Transactions

Rubicon Mortgage Fund

Property Acquisition
Livermore / San Ramon, CA
$2,000,000
Industrial
View Transaction

Rubicon Mortgage Fund

Property Acquisition
San Francisco, CA
$10,500,000
Office, Single Family Residence
View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Woodland, CA
$1,800,000
Industrial

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Berkeley, CA
$1,675,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Truckee, CA
$605,000
Condominium

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Danville, CA
$660,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Livermore, CA
$1,150,000
Ranch

Equity Cash Out

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Concord, CA
$800,000
Gas Station

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Pebble Beach, CA
$2,750,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Napa, CA
$425,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Penn Valley, CA
$449,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Concord, CA
$442,200
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Stockton, CA
$1,250,000
Industrial

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Ripon, CA
$1,700,000
Auto Repair, Gas Station

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Lake Tahoe, CA
$2,500,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Fairfield, CA
$399,999
Commercial Land

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Oakland, CA
$2,880,000
Mixed-Use, Multifamily

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Daly City, CA
$600,000
2-4 Units Residential

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
San Leandro, CA
$465,000
Gas Station

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Berkeley, CA
$1,900,010
2-4 Units Residential, Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Sacramento, CA
$550,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Richmond, CA
$300,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Emeryville, CA
$500,000
Commercial Condominium, Office

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
El Dorado Hills, CA
$515,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Oroville, CA
$700,000
Mobile Home Park

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Santa Cruz, CA
$3,100,000
Office

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Turlock, CA
$520,000
Commercial Land

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Palo Alto, CA
$1,500,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Castro Valley, CA
$600,000
2-4 Units Residential

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Tracy, CA
$850,000
Retail

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
San Francisco, CA
$600,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Rocklin, CA
$370,000
Commercial Condominium, Industrial

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Manteca, CA
$250,000
Commercial Condominium, Industrial

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Danville, CA
$1,450,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Stockton, CA
$405,000
Multifamily

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Pleasanton, CA
$2,750,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Fremont, CA
$1,549,999
Industrial, Retail

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Moraga, CA
$950,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Vallejo, CA
$560,000
Gas Station

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
North Highlands, CA
$560,000
Retail

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
San Dimas, CA
$2,000,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
San Jose, CA
$1,700,000
Industrial

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Walnut Creek, CA
$660,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Berkeley, CA
$2,000,000
Multifamily

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Lafayette, CA
$1,330,000
Retail

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Menlo Park, CA
$1,125,000
Single Family Residence

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Seaside and Indian Wells, CA
$260,000
Single Family Residence, Office

Refinance

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Hayward, CA
$310,000
Single Family Residence

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
San Jose, CA
$1,575,000
Retail

Purchase

View Transaction

Rubicon Mortgage Fund

Private Loan Funding
Oakland, CA
$1,500,000
Industrial

Purchase

View Transaction

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

$
%
months

At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)

$
$
$
$
$
$
$
%

If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

$
%
$
$
%

(temp use, storage, billboard, parking, etc.)

$
$
$
$
$
$
$
%

If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

$
%
$
$

how will the loan be paid off?

acres

Add links to photos here.

Image
1
Add
1
acres

Add links to photos here.

Photo Link
1
Add
Add

Add links to documents, photos, etc.

Attachment Link
1
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