For high networth borrowers with loan amounts over 2 million.
I have found a company, representative, who will be able to do the following:
* We will consider LTVs to 100% with a banking relationship, so if you have a value issue this product will get you financed.
* If the borrower is acceptable as a high net worth client, we would offer a customized loan.
* We will look at cash flow as a supplement to AGI income, so your stated self employed borrower works for us.
* The rates we offer are 2.5% interest only for any term,, which is what every borrower selects, also we have the 5/1 ARM at 3.75% or the 10/1 ARM at 4.625% both interest only. In addition with the ARM products can see a reduction in rate of 1/8th for a purchase loan, and an additional 1/8th off for a relationship.
* In addition we can create synthetic LTV for properties that have value issues and blend a credit line, asset loan and mortgage to one product.
If you know of someone or you are interested in these type of loans and want more information please contact me via email: [email protected] or call me 732-245-4031.