Archive
Case Study – Residential Construction Loan (Santa Monica)
OPPORTUNITY: Request for a construction loan to construct new high end modular home for primary residence.
BORROWER: Individual
PROFESSION: Medical NET WORTH: Affluent
SOLUTION: Construction Loan
LOAN AMOUNT: $1,925,000
VALUE: $3,200,000 (‘subject to completion’) LTC: 63% LTV: 60%
DTI or GDSCR: N/A
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
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 – Mortgage
OPPORTUNITY: Diversifying from his commercial real estate portfolio, request through Business Owner Advisory Program to refinance primary residence.
PROFESSION: Commercial Real Estate NET WORTH: $144MM
SOLUTION: Mortgage
Value: $32,500,000
LTV: 22%
MORTGAGE: $7,000,000
OPEN
If you have a similar case, or question, please e-mail me on ceisaac@ymail.com