A margin loan is capped at 50% advance rate against your portfolio. During these tough economic times and tight credit markets you will need more than 50%. The securities based institutionally-managed credit line offers SIPC-insured accounts and allows for 70%-95% against the securities portfolio. That additional cash may be the difference of obtaining a perfect Miami real estate investment opportunity or losing it. This program allows the Miami real estate investors to leverage securities with cash advances higher than those available through conventional margin accounts, without selling shares.
Federal regulations will not allow the use of these credit lines to purchase more securities, but it could be the solution for purchasing a new Miami home, an Miami investment property, purchasing a business or any other purpose that may be desired.
This is a true “NO DOC LOAN” , no appraisal, no credit report, no income or employment verification Just proof of securities owned. Quick closings.
No comments:
Post a Comment