Thursday, January 30, 2014 - Article by: Rich Alino - Harbour Equity Partners -
Here is a new niche:For high net worth clients, we would be interested in funding a loan against the client's balance sheet. The loan can be used for any purpose and would be a based on the 1 yr LIBOR interest only for any term.
Thanks to an originator on our blog, who gave us the idea that we could use this product to get around a 9 million dollar construction loan that would take probably 9 months to complete.
see more of the private banking niche programs on our linkedin group: Super Jumbo Mortgage - Private Banking
Didn't find the answer you wanted? Ask one of your own.
Ask our community a question.
Featured Lenders
Top Flite Financial
Little Rock, AR
LSI Mortgage Plus
Saint Louis, MO
Whitman Met, Inc.
Sacramento, CA
Vision One Mortgage
Huntington Beach, CA