Archive
Case Study – Mortgage
OPPORTUNITY: Completing construction financing on new primary residence in Brentwood, request to refinance from fully amortizing option into interest only ARM.
PROFESSION: Commercial Real Estate
NET WORTH: $53MM
SOLUTION: 5/1 Interest Only Value: $9,800,000 LTV: 66.3%
MORTGAGE: $6,500,000
OPEN If you have a similar case, or question, please e-mail me on ceisaac@ymail.com
Case Study – Commercial Real Estate Refinance
OPPORTUNITY: Refinance 49,951 sq ft industrial property in Vernon, CA.
PROFESSION: Wholesale/CRE NET WORTH: $126MM
SOLUTION: Libor based variable rate 7/25 loan fixed by an Interest Rate Swap
Value: $5,000,000
Loan: $3,000,000
DSCR: 1.54x LTV: 60% DEBT YIELD: 9.6%
OPEN
If you have a similar case, or question, please e-mail me on privatebanker@facebook.com
Case Study – CRE Refinance and Cash Out on CRE
OPPORTUNITY: Having sold corporation to a public company, request to refinance existing $305,000 RLOC secured by owner occupied commercial real estate that houses operating company. Borrower requesting to consolidate existing $700,000 Unsecured RLOC into one facility.
PROFESSION: Entertainment NET WORTH: $12MM
SOLUTION: Accommodate change of property from owner occupied to investor owned real estate. Provide 4/4 CRE Loan with Interest Rate Swap.
Value: $3,100,000
Loan: $1,000,000
DSCR: .99 LTV: 32% DEBT YIELD: 9%
OPEN
If you have a similar case, or question, please e-mail me on ceisaac@ymail.com