High end property financing and jumbo loans.

Besides this program below, for US citizens we have a No Income check and no asset check mortgage for up to 70% of the purchase price or value of the property. Only a 620 score is required.

This program below is for Foreign Nationals who want to buy a home in the US or citizens that want to buy a second home up to $20 million.

The Client – Foreign nationals buying 2nd homes or investment properties; or U.S residents buying investment properties.

ONLY 1 PROGRAM:

Loan Term – 30 yrs or 70 year of age, which ever is sooner (i.e. at 50 years of age

you have 20 years to repay the loan, at 60yrs of age you have 10 years.)

Rate – 3 Month variable rate. (Based on Cost of Funds for the bank; similar to 3 month

LIBOR) Please note that the IMS service is principally designed for customers

planning to purchase properties outside their country of residence. We can provide

mortgages for owner occupation in Hong Kong and Singapore, but not in other

countries. Other restrictions related to property use may also apply and details are

available upon request. Please also note that we would normally not provide financing

for certain types of property such as serviced apartments, resorts, golf course

properties, student accommodation or former local authority or public housing.

Guidelines –

_ States covered in the U.S: Hawaii, California,

Washington State, Colorado, Nevada, New York,

New Jersey, Oregon, Connecticut and Florida.

_ INVESTMENT RESIDENTIAL PROPERTIES ONLY

_ Minimum property value 400k

_ Max LTV 50% (California, Florida, Nevada, Oregon)

_ Max LTV 60% (Hawaii, New York, Connecticut,

Washington State, New Jersey, Colorado)

Requirements and Documentation –

1. Complete application

2. Income Verification for the latest past 2 yrs.

This is a full doc loan, however to obtain a Decision in Principal (DIP) we just need a

fully completed application and income verification for the past 2yrs.

Income verification can be done through personal income taxes or a CPA letter with bank statements evidencing monthly income stated on the application.

If the applicant is a business owner, audited financial statements (profit/loss statement) from the company will be required.

Fees/Cost –

* Arrangement & commitment fee = 1.3% (Charged by the bank, paid at the time of commitment- “upfront” fee)

* Legal fee – it varies depending on the state. (see attached – paid at closing)

* Valuation/Appraisal - it varies depending on the state and property size. It goes from 500usd to $775usd (Bank orders appraisal, paid “upfront”)

* Communication fee, $125USD to $150USD – (paid at closing)

* Brokers fee: 1% of amount financed