Case Study – CRE Loan/Business HELOC

OPPORTUNITY: Purchase 6,382 sq ft creative office space in Santa Monica, CA.

PROFESSION: Jewelry/CRE NET WORTH: $100MM

SOLUTION: 5 Year Prime based variable rate Interest only loan/
5 Year Business HELOC

Value: $4,300,000

Down Payment: $500,000

Loan: $2,000,000

DSCR: 1.40x LTV: 47% DEBT YIELD: 14.99%

RLOC: $3,000,000

DSCR: 2.81x LTV: 60%

OPEN

If you have a similar case, or question, please e-mail Craig Isaac on craig.isaac@bancofcal.com

Case Study – Revolving Line of Credit

OPPORTUNITY: Request for RLOC for ‘hard money’ lending.

BORROWER: Corporation

PROFESSION: Attorney/Commercial RE Developer NET WORTH: High Net Worth

SOLUTION: RLOC

LOAN AMOUNT: $350,000

VALUE: N/A LTV: N/A

DTI or GDSCR: 3.79x

CLOSED

If you have a similar case, or question, please e-mail me on ceisaac@ymail.com

“You will get all you want in life, if you help other people get what they want”
– Zig Ziglar

Case Study – Revolving Line of Credit

OPPORTUNITY: Request for RLOC to bridge purchase of new $3,995,000 residence with the sale of current $2,500,000 residence. Revolving Line of Credit will be used for shortfall of net proceeds.

BORROWER: Individual

PROFESSION: Medical NET WORTH: Affluent

SOLUTION: RLOC

LOAN AMOUNT: $225,000

VALUE: N/A LTV: N/A

DTI or GDSCR: 1.24x

CLOSED

If you have a similar case, or question, please e-mail me on ceisaac@ymail.com

“You will get all you want in life, if you help other people get what they want”
– Zig Ziglar