Success has it's privileges one of which is Private Mortgage Banking. I am in the twin cities of Minneapolis / St. Paul (yes, it's freezing...why don't they hold these events in Hawaii?) attending a Private Mortgage Bankers conference and I realized that most homeowners and Real Estate professionals in the Miami area are not aware of what Private Mortgage Banking can do for them.
As Private Mortgage Bankers we have more flexibility in how we interpret income and tax returns particularly for business owners or professionals that have significant bonus and/or commission income. Many times by looking at income from a cash flow perspective we are able to secure an approval for an applicant that would not otherwise qualify under standard mortgage underwriting guidelines. Additionally we can use dissipation of assets techniques that are not available to regular mortgage bankers and can offer access very attractive portfolio loans through our wealth management group to those individuals who establish significant deposit relationships.
In short Private Mortgage Banking is intended to deliver a concierge level of service to those of you that have achieved a certain level of success in your financial lives. If you or your clients are looking for unique solutions for the purchase of a luxury home in Miami or surrounding areas please feel free to contact me to discuss how Private Mortgage Banking can help.
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