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Posts Tagged ‘HELOC’

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 me on privatebanker@facebook.com

Consult with me on Maven

Case Study – HELOC

OPPORTUNITY: Request for HELOC for future improvements to picturesque property on the beach in Santa Monica. Requiring use of rental income from primary residence for cash flow.

BORROWER: Individual

PROFESSION: Entertainment  NET WORTH: Affluent

SOLUTION: HELOC

LOAN: $1,000,000

VALUE: $7,000,000    LTV: 14%

DTI or GDSCR: TBD

OPEN

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 – HELOC on Primary Residence (West Los Angeles)

October 16, 2013 Leave a comment

helocOPPORTUNITY: 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