Super Jumbo Loan Scenarios
Premiere Banking Program:
We will use the CIS form to qualify each potential borrower for a private banking relationship. It is important to note that all loans are customized and the question of rate is not as simple for some clients.
The primary focus for HEP in offering our programs is to attract very high net worth clients that have the potential of a large scale long term deposit relationship. We are not in the business of giving out par rates below the industry standard so although the focus is on the relationship, it is not a requirement.
Below are examples of how transactions are achieved.
We will examine the CIS form for the following:
Please note that this program works with the borrowers that would be otherwise a “stated income” borrower for conventional lending as we will use the cash flow of the business to service the debt.
We can also combine loan products with any other products like a 5yr, 7 yr, 10 yr ARM, or a 30 yr fixed. We would blend the 2 or 3 products to the loan amount and get the average of the products combined. The products we would consider offering are the real estate loans, asset loan, and business line.
For borrowers that would rather have a product more familiar like a ARM, we can offer the those products in the 3-3.25% interest only, and or role the product or modify at any point in the relationship. The rates are based on the borrowers relationship with us and is the reason why we just don’t through rates out there. The same borrower with the same income and loan amount can have a difference of up to .50% or more in rate based on variables like purchase or refi, or cash out, or location of property, or investment or primary, combined with relationship or not and so on.
Our management and main business owns a hedge fund with millions of dollars with our relationships in our investment banks, and tens of millions in transactional business.
For borrowers that may fit this program, please complete the submission form and email or fax for a prelim approval.
[email protected]
Monetizing Assets
At this time, we can share two options.
Our hedge fund relationships can monetize personal property such as fine art or jewelry up to 1.5 million in loan amount.
Investment banking option, this is an option through our hedge funds relationship, which will monetize investment grade assets. The borrower would need to open an account and this collateral would need to be moved to setup the loan. Please feel free to let us know if you have any clients that might be interested in this program. Terms would be offered upon review of the collateral.
Premiere Banking Program:
We will use the CIS form to qualify each potential borrower for a private banking relationship. It is important to note that all loans are customized and the question of rate is not as simple for some clients.
The primary focus for HEP in offering our programs is to attract very high net worth clients that have the potential of a large scale long term deposit relationship. We are not in the business of giving out par rates below the industry standard so although the focus is on the relationship, it is not a requirement.
Below are examples of how transactions are achieved.
We will examine the CIS form for the following:
- Borrower’s industry, note there are some industries that we are not as interested in, this may effect the approval.
- Business income or cash flow
- Personal income
- Cash reserves, very important to see as much reserves as possible, or at least 6 months PITI or 10% of the loan amount.
Please note that this program works with the borrowers that would be otherwise a “stated income” borrower for conventional lending as we will use the cash flow of the business to service the debt.
We can also combine loan products with any other products like a 5yr, 7 yr, 10 yr ARM, or a 30 yr fixed. We would blend the 2 or 3 products to the loan amount and get the average of the products combined. The products we would consider offering are the real estate loans, asset loan, and business line.
For borrowers that would rather have a product more familiar like a ARM, we can offer the those products in the 3-3.25% interest only, and or role the product or modify at any point in the relationship. The rates are based on the borrowers relationship with us and is the reason why we just don’t through rates out there. The same borrower with the same income and loan amount can have a difference of up to .50% or more in rate based on variables like purchase or refi, or cash out, or location of property, or investment or primary, combined with relationship or not and so on.
Our management and main business owns a hedge fund with millions of dollars with our relationships in our investment banks, and tens of millions in transactional business.
For borrowers that may fit this program, please complete the submission form and email or fax for a prelim approval.
[email protected]
Monetizing Assets
At this time, we can share two options.
Our hedge fund relationships can monetize personal property such as fine art or jewelry up to 1.5 million in loan amount.
Investment banking option, this is an option through our hedge funds relationship, which will monetize investment grade assets. The borrower would need to open an account and this collateral would need to be moved to setup the loan. Please feel free to let us know if you have any clients that might be interested in this program. Terms would be offered upon review of the collateral.