Verification
WARNING: This lender is NOT VERIFIED with PrivateLenders.com
When you submit your funding form, your information will be sent to the closest VERIFIED lender.
WARNING: This lender is NOT VERIFIED with PrivateLenders.com
When you submit your funding form, your information will be sent to the closest VERIFIED lender.
Anglo finances mortgaged-backed securities and treasuries for customers which include banks, brokerage firms, and arbitrageurs and the total outstanding has exceeded $5 billion on many occasions. After the demise of Drexel Burnham in 1990, Anglo-American started buying defaulted debt issues of public companies when it was possible through careful analysis to determine that the senior securities were substantially over collateralized. While the collateral for the debt in some cases has included airplanes, steel plants, and retail stores, most of the time the loans have been collateralized by real estate.
Minimum Credit Score
550
Fees
Varies per borrower
Interest Rate
12% to 18%
Loan to Value
75%
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