Case Study – Construction Loan

OPPORTUNITY: Construction financing to build 4 high-end townhomes in Brentwood on investment property valued at $3,150,000.

PROFESSION: WHOLESALE/CRE NET WORTH: $126MM

SOLUTION: 24 Month Interest Only IORE Secured Construction Loan

Estimated Sales Price: $11,929,500 ($675 to $700 per sq ft)

Loan: $5,140,000

GDSCR: 1.38 LTV: 55%

OPEN

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Case Study – HELOC on cross collateral of Primary Residence and Vacant Land (Encino)

OPPORTUNITY: Request for refinance of existing HELOC

PROFESSION: Medical NET WORTH: High

SOLUTION: FACING A LOW APPRAISED VALUE ON PRIMARY RESIDENCE, TAPPED NEIGHBORING LAND PURCHASED ALL CASH AS CROSS COLLATERAL.

Value: $1,868,800

Mortgage: $1,504,000

Value: $700,000

Mortgage: $0

LINE OF CREDIT: $420,000

CASE CLOSED JUNE, 2012