mortgage

Aurum and Sharpe was founded in 2017 by me, Bryan Hanley, and one of my best friends, Rudy Renelique. After many years working at big banks like Chase, and Wells Fargo, we decided we could bring value to a mortgage market that was starving for independent thinkers. So we started Aurum and Sharpe over a phone call about financing a multi-family deal in Brooklyn. Since starting this business we’ve been on many adventures from financing a $20 million portfolio of single families, to meeting the President of Rwanda and Finance Minister of Namibia.

Rudy has gone on to start his own firm, Overture Capital, while I’ve stayed on to grow Aurum and Sharpe. Aurum is the original Latin word for gold (that’s why the periodic table has it listed at Au). We chose it because we think of our word as “as good as Gold.” And in that vein, we want to add value to every customer we come in contact with. Our promise is that by working with us, you will increase your Freedom, Purpose, and Fulfillment.

Our process includes learning your overall objectives and where you want to go in your life so that we make sure your financing enhances your life and gets you to your destination much faster. What that means though, is that we are not like every other broker on the street that will only do a surface level amount of learning about you, your life, and your motivations. For us, that is Gold. We want to learn how we can tailor your financing so that you thrive in your life! So before we talk about rates, terms, or anything else, we are going to try and figure out how to add value through financing.

We know this approach isn’t for everyone. But if this resonates with you, lets talk: 917 475 6207

December 28, 2021

10 Best Practices for Getting a Mortgage in an LLC

“You’re self-employed. You’ll never get a mortgage.” If you’re making money on your own, you’ve likely heard these statements before. And, you’ve likely believed them. But, we’re here to break these rumors. You can get a mortgage if you’re self-employed. In fact, the best LLC mortgage lenders can help you get the best mortgage deal depending on your situation. In order to get the mortgage deal that you’re looking for, keep reading. We’re going to cover everything you need to know about getting a mortgage for your LLC. And, we’re going to share all the tips and tricks that you need to use when you’re looking for an LLC mortgage. 1. Get All of Your Legal Affairs in Order Before you start looking for the perfect mortgage deal, you need to get all the legal affairs for your LLC in order. If you’re […]
December 28, 2021

What is the maximum LTV (loan to value) for a cash out refinance on an investment property?

Refinancing refers to the process where a property owner replaces their existing mortgage with a new one, in order to either save money or capture the equity in the real estate that they own. As of the day of this writing, interest rates in general, for both purchase and refinance loans are at record lows. At the beginning of 2021, the average mortgage interest rate was a startling 2.65%, a full percentage point lower than it had been just a year before. The lowest level it has been in years. During a low interest rate environment, like the one we are currently experiencing, refinancing an investment property opens up a huge opportunity for investors to decrease their monthly operating expense and increase their net cash flow. Furthermore, pursuing a cash out refinance loan, can multiple these benefits by allowing a […]
December 17, 2021

How to Cash-Out Refinance your Investment Property

Cash-out refinance for an investment property If you’re looking to buy your first, second, or thirtieth rental property, then you’re a wise investor. There’s a reason why there are over 22 million independent landlords across the US, and it’s that real estate is a great investment! However, there are some ways to truly maximize your profits, and cash-out refinancing is a great way to get the funding for it! So, let’s talk about cash-out refinance for investment property and why it is the best option for your wallet! Benefits of Refinancing You’ve probably heard of refinancing a mortgage or a car loan before. It’s a great way to save money or potentially get some extra cash to use in the short term. No matter what type of refinance investors choose, there are some common reasons why an investor would choose to refinance […]
July 21, 2017
Financing Your Commercial Property with a Cross-Collateralization Loan

Financing Your Property with a Cross-Collateralization Loan

Many business owners looking to finance multiple properties will do so with a cross-collateralization loan, which involves taking out a new loan using equity in properties they already have. Cross-collateralization loans are most commonly made by private lenders, and are enough to finance at least two properties at once. You can do the same thing with a bridge loan, which you may have heard of, however cross-collateralization loans don’t involve a balloon payment that needs to be paid back in 18 months like bridge loans do, making them an ideal choice for people who don’t want the extra pressure. Just as with any important financial decision, it is important to consider the benefits and drawbacks of a cross-collateralization loan before you decide to apply for one. This type of loan appeals to business owners who want a consistent, reliable source […]