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 Search for: super jumbo 2nds 1MM+.
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kngodpns

102 Posts

Posted - 05/14/2008 :  2:41:18 PM
Who does 'em?
privatecash

1760 Posts

Posted - 05/14/2008 :  2:55:07 PM
We have several private investors who can do super jumbo 2nds in CA.
Email details for pricing.
ahoshmand

44 Posts

Posted - 05/14/2008 :  6:21:15 PM
Stonecrest does 1-5yr balloon 2nd term loans and lines of credit on non-owner residential from 100K-$1MM
We also do commercial property 2nds (including owner-user) to $3MM, as a 1-5yr fixed term loan. The line of credit option is only available up to $1MM.

As a private mortgage portfolio, pricing on 2nds is usually 12-12.5% IO, plus points. I can send you some guidline information if this fits what you're looking for.
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