SUPER JUMBO RESIDENTIAL LOANS $1MILLION AND UP

SUPER JUMBO RESIDENTIAL LOANS $1MILLION AND UP

CLOSE LOANS NATION WIDE

NO STATE LICENSE REQUIRED

INVESTMENT BANKING MORTGAGE

Only for the Right Borrower, Brokers and Loan Officers that want something Special, Long Term Business Relationship.

NO MAX LOAN AMOUNT

PURCHASE & REFINANCE

CONDO * SECOND HOME * CONSTRUCTION/PERM

INVESTMENT PROPERTIES

REQUIREMENTS

FULL DOC

650 CREDIT MINIMUM

MAX LTV 80%

PRODUCT PROFILES

FIVE YEAR

5 year fixed @ 4.50% @ 30 year Amortization with Rolls

5 year Arm @ 4.50% @ 30 year Amortization with Rolls

30 YEAR FIXED 5% TO 6%

Depending on Scores, LTV & Reserves.

LIBOR + 1.50% WITH OPTION SWAP

Borrower will start at LIBOR PLUS 1.5% on Rate.

Term – Interest Only.

Can be extended to any length.

As LIBOR moves Rate will change to 1.5% over LIBOR for month.

Option to lock Rate with Interest Rate Swap – (Over The Counter) – (OTC) -Trade.

Borrower enters agreement and takes position now a Hedge, should Rates lower Borrower pays difference to Bank

Bank also Hedge for Borrower should Rates increase, Bank pays difference .to Borrower.

NOTE;

Transaction is in place for one reason and that is to lock in the rate and hedge against changes in the LIBOR

PRIVATE BANKING FOR SUPER JUMBO LOANS

Full Doc, Residential O/O and 2nd Homes with post closing reserves from $1.5 Million and to $20 Million plus.  30 year fixed, ARM’s and LIBOR plus available for this program, amortized for 30 years.

NOTE: For this product, borrowers are required to move assets and be a wealth management client.

Qualifications: 80- LTV or lower, DTI = 50% or lower, Credit not a factor.

Income: Must be full doc with 2 yrs Business or personal tax returns (we must see cash flow)

Reserves: Must have sufficient post closing reserves.

SUBMISSION PROCEDURES

To submit: Email a Narrative/Scenario – Details Of The Transaction in as much detail as possibleand send the attached CIS Form- Point File- Financials Credit Report and most recent Appraisal with the brokers to be paid and the fees.  Borrowers & Realtors-we will take application.  Mortgage Brokers, Loan Officers, Bankers-Need Full Fannie Mae Point File- Borrower Information- COMPLETE FILE-1003–EXPORT FM-NO PASSWORDS.

We issue disclosures, and package the loan.

Note: From this point our staff has the dialog with the borrower to closing.

(Please put the last name of principal or funding entity in the subject heading and be consistent in all Emails.  This is how the deal will be filed)

DISCLAIMER

Certain restrictions apply.  Programs for qualified borrowers.  Programs Rates Terms and Conditions subject to change without notice.

Please feel free to contact me personally should you have any questions.

With Warmest Regards

Gregory