Loan against a Life Insurance Policy - $5.5M
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  1. #1

    Loan against a Life Insurance Policy - $5.5M

    Does anyone lend against a Life Insurance Policy face value of $5.5M. They are looking for max LTV.

    I will only deal directly with the lender. If you can make an introduction, we can work out a compensation.

    Jef

  2. #2
    Hi Jef. sent you a pm and one also to your private email. Good luck.

  3. #3
    Senior Member Reputation points: 68233
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    Jef,

    Life Insurance face amounts are typically not what can be leveraged- unless the deal involves someone of advanced years- in precarious health (Life Settlement). It is typically the Cash Surrender Value that can be borrowed against. If the policy is a term policy- it has no CSV. If client has a Whole Life Policy and/or Universal Life- and has paid it for awhile- then there might be something there..

    RG

  4. #4
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Typically, you need to be licensed to handle a transaction like this - why don't they consult the insurance broker, he could steer him in the right direction .

    Quote Originally Posted by ABL America View Post
    Does anyone lend against a Life Insurance Policy face value of $5.5M. They are looking for max LTV.

    I will only deal directly with the lender. If you can make an introduction, we can work out a compensation.

    Jef
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

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