Battle of the banks: These were NYC’s most active luxury home lenders in 2018

Last year, Luxury Mortgage Corporation’s Mira Dick worked with a former Wall Street banker who was having trouble locking in a mortgage for a $2.2 million Manhattan condo. The buyer, who was in his 20s, had quit his job to launch his own fund. Without a salary and bonus package, traditional banks shied away from issuing him a loan. But Dick’s Stamford, Connecticut-based firm financed 80 percent of the Upper West Side apartment purchase. “We […]

source https://therealdeal.com/issues_articles/residential-real-estate-loans/#new_tab

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