Archive
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 – HELOC on Primary Residence (West Los Angeles)
OPPORTUNITY: Looking to refinance and increase existing $2,000,0000 HELOC for future real estate investment.
PROFESSION: Real Estate NET WORTH: Ultra High Net Worth
SOLUTION: HELOC
Value: $7,000,000
Mortgage: $150,000
LINE OF CREDIT: $3,500,000
LOW APPRAISAL
If you have a similar case, or question, please e-mail me on ceisaac@ymail.com
Case Study – HELOC on Primary Residence (West Los Angeles)
OPPORTUNITY: Interested in refinancing to take advantage or promotional rate.
PROFESSION: Financial Services NET WORTH: Affluent
SOLUTION: HELOC
Value: $4,100,000
Mortgage: $2,100,000
LINE OF CREDIT: $500,000
LOW APPRAISAL
If you have a similar case, or question, please e-mail me on ceisaac@ymail.com