Mortgage Grapevine

Hard Money Yacht Loan? 3.5M

Anyone do hard money loans on Yachts? Have full package, need to move fast.

Thanks!
by VCH June 3, 2009 3:57 PM


I have a guy in florida, get at me...I think we can slam this for you.
Hard money is the same as full doc though these days...need credit, financials etc etc we just did an airplane.
Credit is not much of an issue, what matters is your client can prove he can afford it. Make sense, call me
720.379.5626
Marc
by gopher0019 June 3, 2009 4:03 PM


Please give us a call we have a cruse ship we are financing... we can help you!!!

give us a call

541-762-1150
by Katie crawford June 3, 2009 4:06 PM


No Doc No Collateral LOCs
$100,000 to $10,000,000.00

100% Financing Lump Sum
5% to 12%
24 months to 72 months AM
700+ scores required all bureaus
No Upfront Fees
Max RDR 45%

call 877 342 3733
by FIREWALL June 3, 2009 8:52 PM


Global Mortgage Financial Group Inc is a direct private money Investor, funding loans exclusively for 60 - 65 different Hedge Funds and private investors. Our loan terms range anywhere from 1-5 years interest only. Interest rates range anywhere from 8% - 14% depending on the strength of the file. Our fees range from 4 - 6 points depending on which fund has an appetite for your file. I can issue you an approval within 3 - 5 business banking days. There is a due diligence fee for the following. Environmental phase 1, MAI appraisal, Surveys, Any Due Diligence needed, and the investor going out to the property to determine its marketability, background checks attorney fees. Etc. everything is well documented. 50 to 100% of the Due Diligence fee is credited towards closing costs, depending on what fund / Investor we use. We do not issue your client an LOI and ask for fees for an approval or a denial, Like Kennedy funding. We issue an Approval with conditions before we ask for fees. Global requires a conference call with your principle and the president of Global, and the investor and or hedge fund mandate that will be lending on your file to get a verbal approval and to make sure you and your client are comfortable. We fund loans. Please email me at JCESARIO@GMFGI.COM My name is Joseph V. Cesario
by globalmortgagefinancial June 3, 2009 9:23 PM


Global Mortgage Financial Group Inc is a direct private money Investor, funding loans exclusively for 60 - 65 different Hedge Funds and private investors. Our loan terms range anywhere from 1-5 years interest only. Interest rates range anywhere from 8% - 14% depending on the strength of the file. Our fees range from 4 - 6 points depending on which fund has an appetite for your file. I can issue you an approval within 3 - 5 business banking days. There is a due diligence fee for the following. Environmental phase 1, MAI appraisal, Surveys, Any Due Diligence needed, and the investor going out to the property to determine its marketability, background checks attorney fees. Etc. everything is well documented. 50 to 100% of the Due Diligence fee is credited towards closing costs, depending on what fund / Investor we use. We do not issue your client an LOI and ask for fees for an approval or a denial, Like Kennedy funding. We issue an Approval with conditions before we ask for fees. Global requires a conference call with your principle and the president of Global, and the investor and or hedge fund mandate that will be lending on your file to get a verbal approval and to make sure you and your client are comfortable. We fund loans. Please email me at JCESARIO@GMFGI.COM My name is Joseph V. Cesario
by globalmortgagefinancial June 3, 2009 9:25 PM


Global Mortgage Financial Group Inc is a direct private money Investor, funding loans exclusively for 60 - 65 different Hedge Funds and private investors. Our loan terms range anywhere from 1-5 years interest only. Interest rates range anywhere from 8% - 14% depending on the strength of the file. Our fees range from 4 - 6 points depending on which fund has an appetite for your file. I can issue you an approval within 3 - 5 business banking days. There is a due diligence fee for the following. Environmental phase 1, MAI appraisal, Surveys, Any Due Diligence needed, and the investor going out to the property to determine its marketability, background checks attorney fees. Etc. everything is well documented. 50 to 100% of the Due Diligence fee is credited towards closing costs, depending on what fund / Investor we use. We do not issue your client an LOI and ask for fees for an approval or a denial, Like Kennedy funding. We issue an Approval with conditions before we ask for fees. Global requires a conference call with your principle and the president of Global, and the investor and or hedge fund mandate that will be lending on your file to get a verbal approval and to make sure you and your client are comfortable. We fund loans. Please email me at JCESARIO@GMFGI.COM My name is Joseph V. Cesario
by globalmortgagefinancial June 3, 2009 9:27 PM


This may be an alternative financing source for your borrowers. We offer financing using securities (stocks, mutual funds, bonds, etc that are not in a retirement fund) as collateral for the loan. Credit scores and income are not considered nor asked for. Interest rates are under 4.50% fixed with interest-only payments and no lender fees or points and no up-front fees. Also, these are non-personal recourse loans. Earn .50% YSP and you will be working with a direct lender. If you feel this may suit your borrowers needs you may visit us at www.articefunding.com contact us at 770.888.8063.
by Artice June 4, 2009 1:24 PM


Please send a summary with vessel info, use of funds, and financials on borrower and his/her business and I should be able to give you a prompt answer.

Very Best,

Stuart G Lewis
Managing Director
Brinkabar, Inc.
9595 Wilshire Blvd., Suite 900
Beverly Hills, CA 90212
310-300-8463 Tel
310-496-0588 Fax
slewis@brinkabar.com

www.brinkabar.com

by stuartg June 5, 2009 5:20 PM


I can help you close this Loan in 30 days or less. Call me to discuss scenario.

Steve Russo
G.I. Lending Group
714 418-4649
by Ifundloans June 5, 2009 5:37 PM


We will look at that. What LTV and is this cash out? What is the cash for?

ddaft@cbigroupllc.com
by DougDaft June 9, 2009 9:49 AM


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