Residential and estate lending
Jumbo mortgages to $20m, interest-only options, construction-to-permanent facilities and financing for second homes, ranches and land.
Financing & Credit
Credit structured around your balance sheet
Underwriting that considers illiquid assets, closely held interests and irregular income — with decisions made by people you can call.
Facility range
$250k – $30m
Larger requests considered on a participation basis
Securities line close
5 days
From credit approval to availability
Mortgage close
30 – 60 days
Subject to appraisal, title and survey
Decision
In-house
No third-party scorecard approvals
Facilities
What we lend against
Each request is structured before it is underwritten, so you see amount, tenor, collateral, covenants and pricing in a term sheet before any expense is incurred.
Securities-based credit
Demand lines advanced against a marketable portfolio, giving liquidity without selling positions or realising a gain.
Commercial real estate
Acquisition, refinance and bridge facilities for income-producing property, underwritten on debt service coverage and sponsor strength.
Business acquisition
Term debt for buy-outs, partner redemptions and succession transactions, sized against sustainable cash flow.
Aviation, marine and art
Specialty asset lending underwritten with independent appraisal, registration, survey and insurance coordination.
Bridge and liquidity
Short-term facilities against an expected sale, distribution, tax refund or estate settlement, with a defined repayment source.
Indicative terms
Indicative facility terms
| Facility | Typical size | Advance / LTV | Tenor | Indicative rate |
|---|---|---|---|---|
| Jumbo residential mortgage | $750,000 – $20,000,000 | Up to 80% LTV | 5/1, 7/1 and 10/1 ARM; 15 and 30-year fixed | 6.25% – 7.10% |
| Securities-based line | $250,000 – $25,000,000 | 50% – 80% by asset class | Demand, revolving | SOFR + 1.75% – 2.75% |
| Commercial real estate | $1,000,000 – $30,000,000 | Up to 70% LTV, 1.25x DSCR | 5 – 10 years, 25-year amortisation | 6.50% – 7.75% |
| Business acquisition term | $1,000,000 – $30,000,000 | Cash-flow based | 5 – 10 years | Priced to structure |
| Specialty asset (aviation, marine, art) | $500,000 – $15,000,000 | 50% – 70% of appraised value | 3 – 10 years | 7.00% – 9.00% |
| Bridge and liquidity | $250,000 – $10,000,000 | Against identified repayment source | 3 – 24 months | SOFR + 2.50% – 4.00% |
Indicative figures, current as at the date shown. Rates are indicative, vary with index levels and credit profile, and are not an offer to lend.
Collateral
Securities-based advance rates
Collateral is valued daily and concentration limits apply to single issuers and restricted stock.
| Collateral type | Maximum advance rate | Valuation |
|---|---|---|
| Cash and Treasury bills | 95% | Daily |
| Investment-grade bonds | 80% | Daily |
| Large-cap listed equities | 70% | Daily |
| Diversified mutual funds and ETFs | 65% | Daily |
| Small-cap and concentrated equity | 50% | Daily, with single-issuer caps |
Indicative advance rates; actual rates are set in the credit agreement.
Risk management for securities-based credit
- Collateral valued daily against current market prices
- Loan-to-value thresholds set by asset class and concentration
- Margin call notice and a cure period before any sale
- Single-issuer and restricted-stock concentration limits
- No use of proceeds to purchase additional securities
- Ability to substitute collateral or prepay without penalty
Our lending philosophy
We underwrite the balance sheet, not a scorecard. For a business owner, that means looking at distributions, retained earnings and enterprise value alongside personal income. For a founder with concentrated stock, it means advance rates that reflect liquidity and volatility. And for every borrower, it means a term sheet before diligence begins, so the structure is clear before any fees are spent.
Facilities are held and serviced in-house where possible, which gives us flexibility on structure, prepayment and future amendments.
01
Discovery
Objectives, timing, collateral and the intended repayment source.
02
Structure
Term sheet with amount, tenor, pricing, covenants and conditions.
03
Underwriting
Appraisal, title, financial diligence and credit committee approval.
04
Close
Documentation, funding and a named contact for the life of the loan.
Documents to prepare
- Two to three years of personal and entity tax returns
- Current personal financial statement with asset detail
- Schedule of existing debt with lender, rate and maturity
- For property: purchase contract, rent roll and operating statements
- For securities lines: current custodial statements for pledged accounts
Costs to expect at closing
- Origination fee of 0% – 1.00% depending on facility and tenor
- Appraisal, title, survey and recording charges at cost
- Legal documentation charges on bespoke or entity-borrower structures
- No prepayment penalty on securities-based lines
- Annual unused-line fee of 0.25% on committed revolvers
Questions
Common questions
+How is a securities-based line different from a margin loan?
A securities-based line is a demand facility priced off a short-term index and used for liquidity outside the market — a property deposit, a tax payment, a capital call. It cannot be used to buy additional securities, and advance rates are set conservatively by asset class.
+What happens if my collateral falls in value?
We monitor collateral daily. If the loan-to-value ratio rises above the agreed threshold, you may pledge additional collateral, repay part of the balance, or agree a sale programme. We contact you before taking any action ourselves.
+Can you lend against income that is irregular?
Yes. Underwriting looks at distributions, carried interest, deferred compensation and asset coverage rather than a monthly payslip, which is why we ask for several years of returns and a full balance sheet.
+How long does closing take?
Securities-based lines can close within five business days of approval. Residential and commercial mortgages typically take 30 to 60 days depending on appraisal, title and survey.
+Are jumbo mortgages portfolio-held or sold?
Most are held in our portfolio, which allows us to keep servicing in-house and to structure terms — interest-only periods, cross-collateralisation, or tailored reserves — that secondary-market sale would not permit.
+What is the minimum facility size?
Securities-based lines typically begin at $250,000; residential jumbo mortgages at $750,000; and commercial real estate, acquisition or specialty-asset facilities at $1,000,000. Smaller facilities are considered within a broader relationship.
All credit is subject to approval, satisfactory collateral valuation and final documentation. Rates, advance rates and terms shown are indicative, may change without notice and do not constitute an offer or commitment to lend. Borrowing against securities carries risk, including the risk of a forced sale of collateral.