$5,000,000 Refinance/Cash-Out in San Francisco, CA

Funded by Rubicon Mortgage Fund, LLC

San Francisco, CA




Transaction by
Rubicon Mortgage Fund, LLC
Rubicon's funds enabled the borrower to pay off an existing lender, and provided additional proceeds for business purposes. Rubicon's was able to fund quickly and built in an interest reserve to cover monthly payments while the borrower seeks tenants for some of the spaces in this multi-tenant retail building. Loan Term: 12 Months Loan Position: 1st Deed of Trust LTV: 30%