| Security Type |
Max Loan to Value
|
|---|---|
|
Treasuries:
Maturity < 1 year Maturity 1-3 years Maturity 3-5 years Maturity 5-10 years Maturity 10-20 years Above 20 years |
99% LTV
97% LTV 96% LTV 95% LTV 94% LTV |
| Mutual Funds ($5 per share and above): |
65% LTV
|
| CD(s): Maturity <1 year Maturity 1-2 years Maturity >2 years |
85% LTV
70% LTV 65% LTV |
| Domestic Stocks: Restricted Domestic Stocks: Foreign Stocks: (case by case) Concentrated stock - $8+ per share preferred with good trading volume. Mixed portfolio $5+ plus preferred with good trading volume. For restricted stocks, borrower must have full rights with less than 2 years remaining on restriction. Must trade on major board. |
75% LTV 75% LTV 65% LTV |
| Sovereign Debt (investment grade): Maturity < 1 year Maturity 1-3 years Maturity 3-5 years Maturity 5-10 years Maturity 10-20 years Above 20 years |
95% LTV 94% LTV 93% LTV 92% LTV 91% LTV 90% LTV |
| Corporate Bonds (investment grade): $50 and above $0 to $50 |
90% LTV MV minus 10% of FV |
| Municipal Bonds: $70 and above $7 to $69 |
90% LTV MV minus 7% of FV |
| US Equities: Marginable > $10/share Non-Marginable > $15/share Restricted Stock Foreign Equities (> $10 usd): |
65% LTV 60% LTV 50% LTV 65% LTV |
|
|
| Loan Amount |
Today's Approx. Rates (includes discount) |
Swap Spread | |
| $100,000-$249,999 | 4.50% | 4.50% | |
| $250,000-$499,999 | 4.50% | 3.50% | |
| $500,000-$999,999 | 4.00% | 3.00% | |
| $1,000,000-$2,499,999 | 3.25% | 2.50% | |
| $2,500,000-$4,999,999 | 3.00% | 2.00% | |
| $5,000,000-$9,999,999 | 2.25% | 1.75% | |
| $10,000,000+ | Call | Call |
