- Name
- Brian Brady- Jumbo Mortgage Capital/San Diego
- Company
- Jumbo Mortgage Capital in California/858-777-9751
- E-mail
- Contact Jumbo Mortgage Capital in California/858-777-9751
- Website
- http://www.HiJumbo.com
- Office Phone
- (858) 777-9751
- Fax
- (858) 605-4230
- Address
- La Jolla, CA, 92014
- Description
- Jumbo Mortgage Capital for California home buyers and owners.
Caveat Emptor
Getting frustrated with the five big banks, when it comes to securing financing for a property over $1,000,000?
I know how you feel. The mortgage market collapse shrank the capital pool and government agencies dominate the funding sources right now. Can you blame those big banks for not wanting to take any risk? they can borrow money from the government, at 1% and make loans, backed by the government, at 5%. What incentive do they have to lend YOU money, the upwardly-mobile home buyer, in California?
I decided to take the bull by the horns and solve this problem. I contacted private investors, money managers, investment advisory firms, hedge funds, credit unions, insurance companies, and pensions. I found a bunch who are willing to make these residential real estate loans, or participate in a syndicate.
Jumbo mortgage rates are REALLY competitive right now; just a tad higher than the government-subsidized mortgage rates but loan amounts go all the way up to $4,000,000. These loans can be made to you and the banks are not hamstrung by rigid government guidelines. We look at each borrower as an individual, asses the risk, and fund a loan so that they can buy distinctive California properties.
We'll make non-traditional loans from $1,000,000-$4,000,000.
Call me at (858)-777-9751 to schedule a consultation.
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