June Richardson Talks Niche Products with CNBC
Richardson’s gamut of options still includes interest-only loans that might be right for people who earn a low base salary and periodic bonuses and even adjustable-rate mortgages that fluctuate every month, something Richardson says may be best suited to borrowers who can pay off the mortgage if payments rise too high. Unlike Wells Fargo or […]
Another residential loan wave swells in NYC
GuardHill’s Niche Financing to Foreign Nationals Nonbank mortgage companies are also taking advantage of the lending opportunities in New York City. Alan Rosenbaum, CEO of Manhattan-based mortgage company and brokerage GuardHill Financial, said the company has seen a major increase in loan volume in the past year. He noted that the firm has specifically targeted foreign buyers […]
