Private Mortgage Banking and Product Mortgage Group Team Up

SPECIAL NOTICE
February 19, 2008

Combined Strength and Resources Mean Even More Super Jumbo Options


Private Mortgage Banking and The Mortgage Product Group have pooled their resources to bring you expanded super jumbo loan offerings. The result: Now you can provide even better financing and more options for highly affluent clientele. By leveraging the combined strength of semi exclusive relationships and new super jumbo products, these two groups are providing loan officers with greater ability to capitalize on super jumbo opportunities.



Don’t Overlook One of Your Best Internal Resources



Our Private Mortgage Banking group consists of seasoned private lending professionals who specialize in expertly facilitating super jumbo mortgage transactions of $2,000,000 and above. PMB provides the highest-quality, concierge-level service to loan officers and their clientele, as it arranges and smoothly closes even the most complex financing. Recent examples include:



Loan Amount
$10 million

Value
$18 million

LTV
56%

Program
5/1 Interest-Only ARM

Rate
5.00% at par pricing

Points
1.00

Notes
$1 million cash out




Loan Amount
$7 million

Program
5/1 Interest-Only ARM

Rate
5.125%

Notes
.250 to .375 price improvement over market rates, client was paying 6.375% and will save almost $90,000 per year.




Loan Amount
$6.1 million

Value
$12 million

LTV
51%

Program
5/1 Interest-Only ARM

Rate
5.00% at par pricing

Points
1.00

Notes
60 day lock period



The most experienced loan officers and new loan officers alike can benefit from the services and resources available through PMB, such as:



· Established relationships with an array of private lending sources

· Unique, “outside the box” customized lending solutions

· Decades of specialized experience in the private lending markets

· Financing for foreign nationals; currency conversion resolution

· Deep understanding of the needs of loan officers high net worth clientele

PMB deftly shepherds transactions from origination to closing — and beyond — providing you with peace of mind, and enabling you to spend your time and focus on originating more loans.



For additional information, visit button 29 on Members Only, or contact Henry Liang directly at (818) 742-3252.