Share 'Need $750,000 No Ratio loan interest only on a $2.5mm home'
Borrower is little old lady who owes about $250,000 on a $2.5mm home in Atherton, CA (one of the richest zip codes in the US). Borrower is looking for $500,000 cash out.
Borrower owns 2 unit rental in San Francisco ($2mm value) free and clear.
Borrower has $250,000 in mutual funds/stocks/bonds.
Income source is dividents/rental income/social security.
Looking for No Ratio Interest Only.
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