Pershing & BNY Mellon Lending Solutions.

LoanAdvance Key Features:

LoanAdvance is a line-of-credit based on eligible securities held in eligible retail and managed account(s) custodied at Pershing*

• Borrowing power up to 70%-90%
• Proceeds can be used for most personal
  or business needs, except to purchase additional securities
• There is no set repayment schedule as long as the required equity level is maintained in the brokerage account. The principal balance can be paid anytime without penalty
• Clients have convenient access to their
  funds via check writing, federal funds wire
  and check request
• Offshore mutual funds are eligible
  (well-known fund families)

Investment Credit Line (ICL) – key features:

• Line of credit secured by marketable securities
• Minimum line of credit amount $1,000,000; no obligation to carry a balance
• No initial or annual fee
• Loan proceeds cannot be used to purchase margin securities
• Generally, no financial disclosure for credit amounts <$20,000,000

• ICL Pricing:
• $1M-$2M- 30 Day Libor plus %
• $2M-$5M- 30 Day Libor plus %
• $5M-$10M- 30 Day Libor plus %
• $10M+- negotiated rate

Jumbo Mortgage-key features:

• Ability to respond and close loans in under 30 days nationwide
• Up to 100% financing to minimize untimely liquidations and their possible tax consequences
• Hybrid mortgages that allow one loan to use both fixed and variable rate products to match future liquidity events
• No cash-out restriction or seasoning
• Construction loans where the rate is locked in at the inception and not after construction when rates could be higher
• Interest-only payment option available on adjustable-rate and fixed-rate mortgages
• Ability to title vest in the name of a trust or LLC

Other important mortgage related guidelines:

• Primary and secondary residential owner occupied properties only
• $500,000 minimum loan amount
• Borrowers must have $250,000 minimum personal non-retirement liquid assets to apply

For more information:

 Mike Teter BNY Mellon 201-413-2029

Jere Lyons BNY Mellon Mortgage 201-413-3704

Crystal Andrus Pershing Loan Advance 630-472-7409