CHALLENGE:
Prospective buyers and prominent medical professionals in Montecito went into escrow on a $6MM Montecito estate. Part of their assets included an inheritance of a multimillion-dollar stake in a major league baseball team.
SOLUTION:
Our private bank lender qualified the couple based on the MLB team’s future assets.
Our clients were pleased they qualified and exceptionally grateful with their interest rate – the lowest at the time at 1.875% on 10/1 amortized loan product.
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