Private Banking Program for High Net Worth Borrowers

Loan amounts 1.5 million plus, no min credit score
Utilize cash flow as income for your stated self-employed borrowers

Income from abroad ok, Co-op and Condotel accepted
Program does not allow loans in Az. Mo. Or cash out in Tx.

70% Max Loan on 1.5 million plus, with the ability to loan at 90% with additional collateral or securities to raise the LTV or loan amount.    

Terms will be 2% over the six month LIBOR index, with the ability to lock the rate or add a cap or call option to the loan to hedge the LIBOR index for any term, 5 yr fixed and 10 yr fixed available.

Qualifications
Income, business and or personal must support the loan or cash flow to service the debt. ( this works for your stated self employed borrowers)
Must have cash reserves, or post closing reserves of 500K.
Must show a Bio to support the client as a high net worth borrower.


To Submit:
Send the Harbour CIS Form for approval, first.
(If accepted) send the 2 yrs returns business and personal, credit, appraisal, fannie mae file, and asset statements.

For all programs, originators are paid on disclosures, affiliation agreements are available as well.


For more details and answers to commonly asked questions, see the links below.
http://www.harbourequitypartners.com/q&a.html

http://www.harbourequitypartners.com/productupdates.html