Thursday, January 30, 2014 - Article by: Rich Alino - Harbour Equity Partners -
Here is a new niche:For high net worth clients, we would be interested in funding a loan against the client's balance sheet. The loan can be used for any purpose and would be a based on the 1 yr LIBOR interest only for any term.
Thanks to an originator on our blog, who gave us the idea that we could use this product to get around a 9 million dollar construction loan that would take probably 9 months to complete.
see more of the private banking niche programs on our linkedin group: Super Jumbo Mortgage - Private Banking
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