Tulsa Mortgages


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Pledged Asset Loans for Tulsa, OK Mortgages

Pledged Asset Loans for Tulsa, OK Mortgages

Pledged asset loans can be used for home purchases (including second homes and investment properties), as well as refinances and cash-out transactions.  This type of mortgage allows for a loan up to 90% of the appraised value or sales price, whichever is less.  This program is ideal for clients who wish to defer capital gains or losses – while maintaining their investments strategy and continually benefiting from interest, dividends and investment appreciation. Here is a summary of how the pledged asset feature works on portfolio loans. Please let me know if you have any questions by calling (918) 949-7248 or emailing me at john@tulsa-mortgages.com.

90% Jumbo Loans

Borrowers can pledge assets to achieve a loan-to-value of up to 90%.  No mortgage insurance is required.  The lender will put a lien on the asset account, which is used as additional collateral.  Borrowers may pledge cash or a stock portfolio – cash is valued at 1:1 and stock is valued at 2:1.  Funds qualified for retirement savings are not eligible.

For example:

  • $1 million purchase price – borrower wants to put 10% down
  • Borrower pledges the eligible asset – stocks, bonds, mutual funds, CDs, money market, savings, etc.
  • A 3 party agreement is put in place between the lender, the borrower and the institution of pledged assets
  • The asset is frozen, funds cannot be withdrawn until the the loan to value is reduced to 70%
  • The asset manager can make trades in the account as desired

Pledged assets may also be pledged by an immediate relative.  The relative does not need to go on the loan.

Furthermore, Free and clear real estate may be considered as crossed collateral on a case-by-case basis.  The additional property must be valued as high as the total loan amount of the property being applied for.   For example: If you are looking for a $900k loan against a $1 million property, and want to cross collateralize instead of pledging liquid assets, the additional property must be valued at $900k (AT THE LEAST), and it must be free and clear.


Copyright 2015 John Regur All Rights Reserved – Originally Posted at: Tulsa Oklahoma Mortgages – John Regur




Posted in: For Buyers, Jumbo

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