About Us

Company Bio:

Q&A

Q. What type of products do you offer?
A. For Loans over $500,000 we can offer the following: Libor loan ( no lock ), 5 yr fixed, 7 yr fixed, 10 yr fixed, 15,20 and 30 yr Fixed.

For residential loans over 2 million we offer a LIBOR (with a lock) plus 1.75% – 2%, a 5yr ARM-I/O, and a 10yr ARM I/O, this product is NOT credit driven, and often comes with a 1 year Pre payment of 6 months of interest.

Q. How do we lock a rate with an interest rate swap?
The swap is a derivative traded over the counter. (Bank to Bank) When the borrower elects to participate in locking his rate he will enter into this trade. now, the borrower is hedged against rising interest rate, he also becomes the counter party’s hedge in the event that rates go down, thus locking in the borrowers rate and payment for the term.

See an example of Interest Rate swap.

Q. What type of Borrowers Qualify ?
A. Our focus is on high net worth borrowers. If the borrower has good income, and can show cash flow in the personal or business tax returns and show post closing reserves we would consider a loan. We are also very observant of the borrower’s occupation, keeping in mind certain businesses carry certain risks to lending. Example, we will have a harder time with a borrower that is a home builder or realtor, vs. a professional ball player or business person with a history of wealth building. Also, your conventional self employed stated borrower is a fit for us here. We don’t do loans as stated, but as a cash flow against the business. For example, the borrower that has a 5 million loan request and 100k per year personal income, that works for us. We cash flow the business to service the debt, most of the very high net worth borrowers use the same accounting practice which we are very familiar with. Also note, that all of the loans are stress tested based on cash flow and or AGI.

Q. What states does the programs cover ?
A. This program is nationwide, Alaska and Hawaii also.

Q. How am i protected ?
A. we don’t use NCNDs for these deals, we are also very selective on who we accept transactions from. If you have ever been in anything close to serious litigation you would know they don’t work. More important we don’t have the staff to draw a doc on every deal we look at, so to make it simple if we have a deal we put you on our disclosures for your fee. In addition the disclosures we draw are compliant and are suitable to disburse funds from closing with our escrow agent. We can not use outside fee agreements with the borrower as they can not be used to disburse funds and stay compliant given our position, so our escrow attorney will not recognize any document other then what we have drawn. This also prevents originators from double dipping, which of course has been tried in the past.

Q. What do we do that is so special ?
A. It is the partners of Harbour Equity Partners that are the bankers behind the structures that are offered. Our team is very creative in structuring deals that will fund. Because our industry wastes so much time trying to find money for projects and borrowers, we have created a process that eliminates the transactions that we feel will not fly. We have arranged a unique process here to offer loans on very high end property and or assets, and we have the ability to get very high LTVs and cross lien with additional collateral and or investment grade securities. This gives you an edge in the market place to get deals done where deals are lost to value and appraisal issues or loan size etc. In addition, we have our own settlement and compliance attorney that draws the fees from closing and wires your fee directly to you.

Q. What type of rates?
A. This program is nothing like conventional lending, there is no matrix that will help fit a borrower in a box. The rate really depends on the borrower’s profile which is derived from the CIS form in the downloads section of this site. Rates start at 1.75% on assets interest only for any term the borrower selects. The borrower’s Profile does determine what we will offer.

Q. Is there a yield spread or would we need to charge the client?
A. No YSP, all rates are par, and there is no ability to broker loans in private banking.

Q. What are your closing costs?
A. Costs are our fee (.5% to 1% ) plus the originators fee but our fees will depend on the borrower’s tolerance for fees and if he pays the disclosed amount. Plus the standard closing and title costs for the county and state the property is in.

Q. What are the turn times ?
A. Some of the borrowers are very complex, if you have a straight and simple borrower with documented income, and w-2′d etc, that’s easy, 30 to 45 days would be on the high side. If you have the self employed borrower that has 10 or 20 different corporate filings per year, we would need to take the time to find the cash flow from the various businesses, this would take more like 90 days. Also, allot depends on the delay caused by the borrower or his staff in getting us additional info that is needed.

Q. Are there any up front fees ?
A. Never

Q. What can I charge the client ?
A. Borrowers are usually ok with 1-2% from your side plus our fee, more then that may be excessive, but is up to the borrower what they will pay on the deal.

Q. Loan sizes, min and max ?
A. We don’t have a max but we would like to see 1 million and up in loan amount. We will review smaller deals if the deals is clean.

Q. Issuing an LOI ?
A. We don’t use the LOI any more, we have bypassed that by just getting on the phone with the borrower. We where spending to much time writing letters and not getting deals submitted. The process we have now is much tighter and benefits all of us without wasting time.

Q. Do you order the appraisal?
A. We do order the appraisal on all loans. For loans over 2 million and it may be required to order two appraisals. However, we will use your existing appraisal to submit, and if you have not ordered the appraisal, don’t, save the client money and we will get it done.

Q. What is the process ?
A. It Breaks down like this, we receive dozens of the CIS forms at a time, we will run through and review the form. If the borrower looks good, we will put the form in a Que to set up a call, we will ask that you do the intro to a manager here, and send the remaining submitting docs to us that are listed on the CIS form. From there we will do our interview, prepare the borrower profile, stress test the loan, setup the KYC, repackage the file for underwriting, and set up the disclosure to lock in the fees. This can be done in less then an hour if we have the documents requested and full participation from all parties involved.

Q. Can I be on with my borrower for all calls?
A. Not being a conventional loan, we have a process that is a bit foreign for most originators. The acronym KYC, or “Know Your Client” is the most important process in the transaction and can not be affective if a 3rd party is on a call representing the borrower. Getting to understand the borrower and his finances is also critical to getting the borrower a loan. We have found it is very distracting to the process to have people come on the phone and break the cycle or process with conventional questions. Also it is important that we have a one-on-one with the borrower and start a dialog for compliance purposes.

Q. How does the originator get paid ?
A. Your fee is draw from escrow by our escrow attorney and wired to you directly, you are not 1099′d or w-2′d by us.

Q. Why is there no phone number on the web sight?
A. For the obvious reason. People would call to ask these questions which would consume our time and no one would view this Q&A.

Q. Do I need a broker License ?
A. No. since we do not have a wholesale broker ability any 3rd party loan originator is a consultant here. So, now you can originate files in any state you have referrals.

Q. How does the originator get setup ?
A. Most all of the transactions are generated in house with our staff, and although we will consider referrals we are very selective on the individual we will work with. Our originators are professionals like CPAs, Trust attorneys & financial advisors, we do have some mortgage brokers we work with that understand our process, but due to the inherent issues  that come with conventional mortgage brokers we would only consider a broker on a case-by-case basis.

You may review affiliate page and submit the agreement and disclosure that is found on the download section of the this site. Email us with any questions.

Q. How can i track my transactions ?
A. There are two options. Originators are encouraged to email into info@superjumboloans.info for the updates on all files or you will be able to get updates through our net work CRM software known as Prophet CRM. This is a very professional and very detailed setup that is used by some if the countries largest companies to manage pipeline activities. Note there is a vender cost to this setup, email us for details.

Q. How can HEP help originators originate loans ?
A. HEP will offer a superjumboloans.info email for free to originators who we feel will benefit a relationship with us. The email address you receive will help you appear to be part of the organization team and will allow you to share in the marketing material and web site that we host here. Borrowers will see you as part of the team and not a mortgage broker, the difference is something we have noticed over the past ten years, and is more effective then being a 3rd party. also, borrowers have a very different reaction on their deal knowing they have a referring broker vs an originator who is part of the team. That being said, we had implemented the affiliate program to help create a smoother process with the borrowers that feel there is not a chain of people on their transaction. This usually leaves a bad taste with the borrower and puts us in a position to have to deal with the issue, we can avoid this.

For more information on the email or any of our material feel free to contact us.

FYI, if you have been in conventional lending for a year or 20 years, that experience may hinder you with this program. Our experience is that brokers think like brokers, not like bankers or Traders. In reviewing our material try to keep yourself from saying, ” i never heard of that” we can assure you that you never have unless you have been a seasoned wall streeter. Private banking is not offered to the broker community for a reason, and if you follow the direction of the staff here you will enhance your business many times over but, as a consultant.

Interest Rate Swap

In this explanation we will describe the use of a swap. Keep in mind that for our discussion the swap is to be used to hedge the borrower’s position with regards to the floating risk associated to a loan tied to the LIBOR index. Not hedging the index will allow exposure to the market index  and result in an increase in the loan payment as the index  increases.

 In an interest rate swap, each counterparty agrees to pay either a fixed or floating rate denominated in a particular currency to the other counterparty. The fixed or floating rate is multiplied by a notional principal amount (say, USD 1 million). This notional amount is generally not exchanged between counterparties, but is used only for calculating the size of cashflows to be exchanged.

The most common interest rate swap is one where one counterparty A pays a fixed rate (the swap rate) to counterparty B, while receiving a floating rate (usually pegged to a reference rate such as LIBOR). According to usual market convention, the counterparty paying the fixed rate is called the “payer” (while receiving the floating rate), and the counterparty receiving the fixed rate is called the “receiver” (while paying the floating rate).

A pays fixed rate to B (A receives variable rate)

B pays variable rate to A (B receives fixed rate).

Consider the following swap in which Party A agrees to pay Party B periodic fixed interest rate payments of 8.65%, in exchange for periodic variable interest rate payments of LIBOR + 70 bps (0.70%). Note that there is no exchange of the principal amounts and that the interest rates are on a “notional” (i.e. imaginary) principal amount. Also note that the interest payments are settled in net (e.g. Party A pays (LIBOR + 1.50%)+8.65% – (LIBOR+0.70%) = 9.45% net). The fixed rate (8.65% in this example) is referred to as the swap rate.[1]

At the point of initiation of the swap, the swap is priced so that it has a net present value of zero. If one party wants to pay 50 bps above the par swap rate, the other party has to pay approximately 50 bps over LIBOR to compensate for this.

A is currently paying floating, but wants to pay fixed. B is currently paying fixed but wants to pay floating. By entering into an interest rate swap, the net result is that each party can ‘swap’ their existing obligation for their desired obligation.

Being OTC instruments interest rate swaps can come in a huge number of varieties and can be structured to meet the specific needs of the counterparties. By far the most common are fixed-for-floating, fixed-for-fixed or floating-for-floating. The legs of the swap can be in the same currency or in different currencies. (A single-currency fixed-for-fixed rate swap is generally not possible; since the entire cash-flow stream can be predicted at the outset there would be no reason to maintain a swap contract as the two parties could just settle for the difference between the present values of the two fixed streams; the only exceptions would be where the notional amount on one leg is uncertain or other esoteric uncertainty is introduced).

Fixed-for-floating rate swap, same currency

Party B pays/receives fixed interest in currency A to receive/pay floating rate in currency A indexed to X on a notional amount N for a term of T years. For example, you pay fixed 5.32% monthly to receive USD 1M Libor monthly on a notional USD 1 million for 3 years. The party that pays fixed and receives floating coupon rates is said to be short the interest swap because it is expressed as a bond convention (as prices fall, yields rise). Interest rate swaps are simply the exchange of one set of cash flows for another.

Fixed-for-floating swaps in same currency are used to convert a fixed rate asset/liability to a floating rate asset/liability or vice versa. For example, if a company has a fixed rate USD 10 million loan at 5.3% paid monthly and a floating rate investment of USD 10 million that returns USD 1M Libor +25 bps monthly, it may enter into a fixed-for-floating swap. In this swap, the company would pay a floating rate of USD 1M Libor+25 bps and receive a 5.5% fixed rate, locking in 20bps profit.

Fixed-for-floating rate swap, different currencies

Party P pays/receives fixed interest in currency A to receive/pay floating rate in currency B indexed to X on a notional N at an initial exchange rate of FX for a tenure of T years. For example, you pay fixed 5.32% on the USD notional 10 million quarterly to receive JPY 3M (TIBOR) monthly on a JPY notional 1.2 billion (at an initial exchange rate of USD/JPY 120) for 3 years. For nondeliverable swaps, the USD equivalent of JPY interest will be paid/received (according to the FX rate on the FX fixing date for the interest payment day). No initial exchange of the notional amount occurs unless the Fx fixing date and the swap start date fall in the future.

Fixed-for-floating swaps in different currencies are used to convert a fixed rate asset/liability in one currency to a floating rate asset/liability in a different currency, or vice versa. For example, if a company has a fixed rate USD 10 million loan at 5.3% paid monthly and a floating rate investment of JPY 1.2 billion that returns JPY 1M Libor +50 bps monthly, and wants to lock in the profit in USD as they expect the JPY 1M Libor to go down or USDJPY to go up (JPY depreciate against USD), then they may enter into a Fixed-Floating swap in different currency where the company pays floating JPY 1M Libor+50 bps and receives 5.6% fixed rate, locking in 30bps profit against the interest rate and the fx exposure.

Floating-for-floating rate swap, same currency

Party P pays/receives floating interest in currency A Indexed to X to receive/pay floating rate in currency A indexed to Y on a notional N for a tenure of T years. For example, you pay JPY 1M LIBOR monthly to receive JPY 1M TIBOR monthly on a notional JPY 1 billion for 3 years.

Floating-for-floating rate swaps are used to hedge against or speculate on the spread between the two indexes widening or narrowing. For example, if a company has a floating rate loan at JPY 1M LIBOR and the company has an investment that returns JPY 1M TIBOR + 30 bps and currently the JPY 1M TIBOR = JPY 1M LIBOR + 10bps. At the moment, this company has a net profit of 40 bps. If the company thinks JPY 1M TIBOR is going to come down (relative to the LIBOR) or JPY 1M LIBOR is going to increase in the future (relative to the TIBOR) and wants to insulate from this risk, they can enter into a float-float swap in same currency where they pay, say, JPY TIBOR + 30 bps and receive JPY LIBOR + 35 bps. With this, they have effectively locked in a 35 bps profit instead of running with a current 40 bps gain and index risk. The 5 bps difference (w.r.t. the current rate difference) comes from the swap cost which includes the market expectations of the future rate difference between these two indices and the bid/offer spread which is the swap commission for the swap dealer.

Floating-for-floating rate swaps are also seen where both sides reference the same index, but on different payment dates, or use different business day conventions. This can be vital for asset-liability management. An example would be swapping 3M LIBOR being paid with prior non-business day convention, quarterly on JAJO (i.e. Jan, Apr, Jul, Oct) 30, into FMAN (i.e. Feb, May, Aug, Nov) 28 modified following·

Floating-for-floating rate swap, different currencies

Party P pays/receives floating interest in currency A indexed to X to receive/pay floating rate in currency B indexed to Y on a notional N at an initial exchange rate of FX for a tenure of T years. For example, you pay floating USD 1M LIBOR on the USD notional 10 million quarterly to receive JPY 3M TIBOR monthly on a JPY notional 1.2 billion (at an initial exchange rate of USDJPY 120) for 4 years.

To explain the use of this type of swap, consider a US company operating in Japan. To fund their Japanese growth, they need JPY 10 billion. The easiest option for the company is to issue debt in Japan. As the company might be new in the Japanese market without a well known reputation among the Japanese investors, this can be an expensive option. Added on top of this, the company might not have appropriate debt issuance program in Japan and they might lack sophisticated treasury operation in Japan. To overcome the above problems, it can issue USD debt and convert to JPY in the FX market. Although this option solves the first problem, it introduces two new risks to the company:

FX risk. If this USDJPY spot goes up at the maturity of the debt, then when the company converts the JPY to USD to pay back its matured debt, it receives less USD and suffers a loss.
USD and JPY interest rate risk. If the JPY rates come down, the return on the investment in Japan might go down and this introduces an interest rate risk component.
The first exposure in the above can be hedged using long dated FX forward contracts but this introduces a new risk where the implied rate from the FX spot and the FX forward is a fixed rate but the JPY investment returns a floating rate. Although there are several alternatives to hedge both the exposures effectively without introducing new risks, the easiest and the most cost effective alternative would be to use a floating-for-floating swap in different currencies. In this, the company raises USD by issuing USD Debt and swaps it to JPY. It receives USD floating rate (so matching the interest payments on the USD Debt) and pays JPY floating rate matching the returns on the JPY investment.

Fixed-for-fixed rate swap, different currencies

Party P pays/receives fixed interest in currency A to receive/pay fixed rate in currency B for a term of T years. For example, you pay JPY 1.6% on a JPY notional of 1.2 billion and receive USD 5.36% on the USD equivalent notional of 10 million at an initial exchange rate of USDJPY 120.

Other variations

A number of other variations are possible, although far less common. Mostly tweaks are made to ensure that a bond is hedged “perfectly”, so that all the interest payments received are exactly offset by the swap. This can lead to swaps where principal is paid on one or more legs, rather than just interest (for example to hedge a coupon strip), or where the balance of the swap is automatically adjusted to match that of a prepaying bond (such as RMBS Residential mortgage-backed security)

Uses

Interest rate swaps were originally created to allow multi-national companies to evade exchange controls. Today, interest rate swaps are used to hedge against or speculate on changes in interest rates.

Speculation

Interest rate swaps are also used speculatively by hedge funds or other investors who expect a change in interest rates or the relationships between them. Traditionally, fixed income investors who expected rates to fall would purchase cash bonds, whose value increased as rates fell. Today, investors with a similar view could enter a floating-for-fixed interest rate swap; as rates fall, investors would pay a lower floating rate in exchange for the same fixed rate.

Interest rate swaps are also very popular due to the arbitrage opportunities they provide. Due to varying levels of creditworthiness in companies, there is often a positive quality spread differential which allows both parties to benefit from an interest rate swap.

The interest rate swap market is closely linked to the Eurodollar futures market which trades at the Chicago Mercantile Exchange.

LIBOR/Swap zero rate

Since LIBOR only has maturities out to 12 months, and since interest rate swaps often use LIBOR as the reference rate, interest rate swaps can be used as a proxy to extend the LIBOR yield curve out past 12 months.

Loan Programs

The private banking program is is for residential, investment properties and investment grade security accounts only.

The premiere banking program:

Loan amounts: From $2,000,000 to 20,000,000 plus, we will consider lower for an attractive borrower. Providing a borrower qualifies as a high net worth client we would offer 1.75% – 2% over the 6 month LIBOR locked via an Interest Rate Swap, a 5yr ARM-I/O, or a 10yr ARM I/O, loans come with a 1 year Pre payment of 6 months of interest.

See this link for an example of Interest Rate swap.

Income: This program allows for the use of cash flow in place of AGI to allow for a self employed borrower to qualify for a loan. Also we will consider cash reserves and annuitize the reserves to support the loan amount. The conventional alternative would be the stated loan, and as long as the borrower cash flows we will consider that as income.

Credit:Credit is not a consideration as much as the borrowers financial profile.

LTV: LTV varies from 75% for loans of 1 million up, and 50% from 5 million and up be fore adjustments.

With Adjustments the LTVs can be adjusted with the use of cross collateralizing additional property and or cash or securities. Effectively the program will allow LTVs to 100% wich is a great strategy to offset properties with a value issue by creating a synthetic LTV that works and or leveraging assets to get higher LTVs and or loan amounts.

Special notes: The main qualifications for this program is the following: The borrower should have a minimum of $500,000 or 10% of the loan amount in reserve, and at lease $500,000 income or cashflow. Cash reserves in a 401K and IRA are not considered in the cash reserve totals, also for a private banking relationship we woud look for a total net worth of 3 million dollars plus. Note, exceptions are considered with compensating factors. Loans are available in 50 states.

2nd tier banking loans:

We will consider loan amounts down to 1 million for clients that make sense with income and assets. The LTV and rates will be as stated above. The CIS form is required on all scenarios to get our prelim approval on the borrower.

Investment Property:

We will consider investment and rental properties that are single family and 4 unit or less in all 50 states. The borrower would qualify by having 50% of the loan amount in cash reserves and would also need to cash flow to service the debt.

For borrowers that may fit this program, please complete the submission form and email or fax for a prelim approval to info@superjumboloans.info or fax to 631-991-9142

Loan Scenarios

The premiere banking program:

HEP will use the CIS form to qualify each potential borrower for a private banking relationship. It is important to note that all loans are customized and the question of rate is not as simple for some clients.

The primary focus for HEP in offering our programs is to attract very high net worth clients that have the potential of a large scale long term deposit relationship. We are not in the business of giving out par rates below the industry standard so although the focus is on the relationship, it is not a requirement.

Below are examples of how transactions are achieved.

We will examine the CIS form for the following:

• Borrower’s industry, note there are some industries that we are not as interested in, this may effect the approval.
• Business income or cash flow
• Personal income
• Cash reserves, very important to see as much reserves as possible, or at least 6 months PITI or 10% of the loan amount.

Please note that this program works with the borrowers that would be otherwise a “stated income” borrower for conventional lending as we will use the cash flow of the business to service the debt.

Example 1, If a borrower has much more then the loan amount in cash reserve, we will consider offering a loan against that asset at 1.75 – 2.25% interest only for any term. As a loan off the real estate we will start with a LIBOR loan of 2.5% interest only for any term with the option to lock with an interest rate swap for some borrowers (See this link for an example of Interest Rate swap.). With this program we can get to 100 LTV or more which is our primary strategy to help in off setting the value issues that have affect most areas o the US.

We can also combine loan products with any other products like a 5yr, 7 yr, 10 yr ARM, or a 30 yr fixed. We would blend the 2 or 3 products to the loan amount and get the average of the products combined. The products we would consider offering are the real estate loans, asset loan, and business line.

For borrowers that would rather have a product more familiar like a ARM, we can offer the those products in the 3-3.25% interest only, and or role the product or modify at any point in the relationship. The rates are based on the borrowers relationship with us and is the reason why we just don’t through rates out there. The same borrower with the same income and loan amount can have a difference of up to .50% or more in rate based on variables like purchase or refi, or cash out, or location of property, or investment or primary, combined with relationship or not and so on.

So you can see there is really no way to create a conventional matrix in a private banking environment with all the variable and options that could be offered to a borrower. The question for us is not, ” will the borrower want our deal” but ” will we want this borrower”. So with that we are very selective on the borrowers we accept and not all will get a preferred program. We would have to see the CIS form to know if we are interested in the borrower and start the KYC process with a conversation with the borrower. If our management feels the borrower is worthy of a relationship we will start the process with disclosures. Also note the enhancement of our protocol as it relates to third party or broker business. The compliance issue that we have is very much a concern to us. Our management and main business owns a hedge fund with millions of dollars with our relationships in our investment banks, and tens of millions in transactional business. Our deal with our private bankers has been approved by all parties but has been cautioned to having mortgage brokers on any transactions. For that reason our compliance attorney and fund manager are very cautious and selective to who we take transactions from and that all originators can adhere to the process and sit on the sidelines as we close the loans. There are no front running of transactions allowed here.

For borrowers that may fit this program, please complete the submission form and email or fax for a prelim approval.

Originators

Our Goal for Originators

SuperJumboLoans.info, has consolidated valuable banking resources that provide real financing for a select niche of borrower. We have developed this site to zero-in on the side of transactional business that we can get done. If you are a transactional broker or originator, you know how hard it is to find a relationship that will provide the financing that works with out smoke and mirrors. With the financing world ever changing the environment is cluttered with financing options that don’t have real value, or the ability to follow through all the way to getting you paid.

With the products and programs our fund offers we feel we have the perfect balance that meets your goal to be successful. This web site provides the resources you need in a simple format to qualify high net worth clients and to get paid so you can build your business.

In April 2010 CNN reported that there are just under 1 million millionaires with a net worth over 5 million dollars. Those are your prospective clients.

Super Jumbo Loan Programs

This page will provide guidelines for the super jumbo loan programs. Its important to remember there is no matrix to private banking loans as loan products are customized and often combined with other products to achieve the borrower’s end goal.

Q&A Section

This section provides answers to the most commonly asked question. Please review this section in detail before inquiring, it is very helpful in providing answers that tend to consume our day.

Loan Originator Signup

This section explains the process of originating private banking transactions and allows you to sign up and be paid as a consultant of private banking loans.

Monetizing assets

This section provides information on monetizing investment grade assets via hedge fund or investment banking resources.

Borrowers

Our Goal for Borrowers

SuperJumboLoans.info, has consolidated valuable banking resources that provide real financing for a select niche of borrower. Our goal is to zero in on the side of transactional business that we can get done, and As a borrower you may have wasted alot of time looking for financing or maybe you just don’t have the time to weed through your options. With the financing world ever changing the environment is cluttered with financing options that don’t have real value, or the ability to follow through all the way to getting you closed. Our programs in particular only cater to the ultra high net worth client. These clients may have a value or appraisal issues or may not show income on their personal tax returns.

Click the banner below to get a rate quote for your loan

The high lights of the programs that we offer are as follows:

• We are able to offset appraised value issues by creating synthetic LTV to get the value we need or 100% or more, of the property value.
• We are able to use cash flow from a borrower’s business rather than personal tax returns.
• We are able to annuitize cash reserves to synthetically create income to qualify.
• We are able to cross collateralize and lend against stock accounts and other securities at rates starting at 1.75% interest only for any term.
• We are able to offer a business line of credit and or combine that with a mortgage and asset based loans.
• We have the ability to cross collateralize or provide a standalone loan on personal property such as fine art or jewelry.

The programs that we offer are not conventional loan programs, rather customized loans that may blend several products into one goal. The process for these programs was created by us for our own transactions, and now we offer these programs to other high net worth borrowers on a referral basis.

The Process:

As a high net worth borrower we will evaluate your profile and gather the relevant material for submission. We are able to refer you into our investment banking relationships and get a private banker assigned to your file after a prelim review of your profile.

To start we will need to have you to complete the CIS form below and email it to us at the address below. If approved we will get you a manager to start the dialog and what is know as the KYC process ( Know Your Client). Our manager will collect the information on your last 2 years personal and business income, asset statements credit and or appraisal. From there we will generate disclosures for you and build the profile for review. At this point our investment bankers will be invited into our system to to review your profile only, and none of your material actually leaves our office. Once we have the prelim approval we will be able to start processing. If you have any questions prior to sending the CIS form,, feel free to email and we will respond promptly.

Monetizing Assets

At this time, we can share two options.

Our hedge fund relationships can monetize personal property such as fine art or jewelry up to 1.5 million in loan amount.

Investment banking option, this is an option through our hedge funds relationship, which will monetize investment grade assets. The borrower would need to open an account and this collateral would need to be moved to setup the loan. Please feel free to let us know if you have any clients that might be interested in this program. Terms would be offered upon review of the collateral.

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