What They Said: “Robert Cohan of Carlyle Financial, a mortgage bank based in San Francisco, said private funds evaluate these opportunities on a case-by-case basis, and will often be willing to work with unique situation borrowers like athletes, entrepreneurs and the self-employed.”
What They Said: “The three common hurdles borrowers must clear to get jumbo-loan approval are larger income, higher credit scores and greater reserves,” says Robert Cohan, president of Carlyle Financial based in San Francisco.
What They Said: “Depending on how their portfolio looks — what they’ve invested in — I think there could be a huge benefit [to Beyoncé and Jay Z], it gives them flexibility, and they could pay the mortgage off any time,” Robert Cohan, managing director at Carlyle Financial in Los Angeles, told Business Insider.”
What They Said: “Jesse Collins, vice president and senior mortgage banker for Carlyle Financial, told GOBankingRates, “Despite the Federal Reserve ending its low-rate campaign, interest rates haven’t climbed as experts predicted in 2014…”