The Client

Our client is a successful Singaporean businessman with investments around the world.

He needed $24,000,000 to purchase an existing real estate asset that was being sold by his friend at significantly below market value but in a very short time frame.

The Solution

Our team identified the client’s needs and found a Family Office in Hong Kong to fund the loan within 2 weeks.

  • Borrower: Singaporean
  • Occupation: Businessman
  • Age: 69
  • GCB Value: $30,000,000 (CBRE)
  • Loan Amount: $24,000,000 (80% Loan to Value)
  • Funded in 2 weeks
  • Interest Roll-up: 6 months (no mortgage payments for 6 months)
  • Interest-Only Mortgage Payments (starting in Month 7): $160,000 per month
  • Gross Loan Proceeds to Borrower: $23,040,000

Compared to a Typical High-Value Loan: 3.50%, 10-year amortised, Principal+Interest

= $237,000 per month

vs $160,000 per month = $77,000 per month savings with GMG SG BRIDGE

Loan Details

Loan TypeProperty ValueLoan AmountLTVGMG Program
Refinance / cash out$3,450,000$1,500,00043%GMGUS Bridge 1
Loan TypeRefinance / cash out
Property Value$3,450,000
Loan Amount$1,500,000
LTV43%
39%GMGUS Bridge 1

Leave a Reply

Your email address will not be published. Required fields are marked *

Schedule a call with our International Mortgage specialist.