Improved Super Jumbo Loan platform now available for High Net Worth borrowers nationwide
By Transcend Financial Solutions, LLC
At a time when it is becoming more difficult to secure financing for Super Jumbo loans, Transcend Financial Solutions, LLC has been able to increase their number of funding sources by partnering with the Private Banking Division of one of the world's strongest institutions.
This new platform provides a competitive option for High Net Worth borrowers looking for a residential purchase, refinance, or construction loan. Loan amounts range from $1.5 Million up to $20 Million, and can be funded nationwide. This program is mainly offered to High Net Worth borrowers, and Mortgage Brokers are also welcome to submit these loans on behalf of their clients.
Our Private Banking Partner's decision to fund the loan is based on the Borrower's overall financial situation, with a focus on Net Worth, Liquid Assets, and Cash Flow. Unlike traditional Wholesale lenders, we don't have many hard and fast "guidelines" or a matrix to match up Fico Score, LTV, Doc Type, DTI, and Loan Amount to see if the loan can be approved. We understand that most borrowers seeking these types of loans are entrepreneurs and that most business owners maximize their deductions as much as possible. We do not offer the typical Stated Income loans, however, we have approved self employed borrowers who showed little or negative income on their tax returns. This is achieved by utilizing compensating factors in addition to the tax returns rather than only considering the taxable income.
Call Transcend Financial Solutions, LLC today for Purchase, Refinance and Construction
Financing:
Transcend Financial Solutions, LLC headquartered in Scottsdale, AZ is a network of seasoned Account Executives who work for Direct Lenders & Private Money Institutions nationwide. Our strategic alliances allow us access to a full line of programs and products such as Commercial, Super Jumbo Residential, Hard Money, and Acquisition & Development loans.
For additional loan program visit us online at http://www.transcendfinancial.net/Home