How Blackstone Mortgage Trust And Starwood Property Trust Take Two Different Routes To Big Profits -

Refinance Into a 15-year Mortgage and Save | Fox Business





On the Starwood Property Trust website they show two loan examples: 1st Lien Mortgage Loans priced at Libor + 3.5% to Libor + 8% Mezzanine Loans priced at Libor + 8% to Libor + 12% (typically non-recourse) Investors are depending heavily on Starwood's expertise in underwriting more complex and riskier loans profitably. In its May 2014 Investors Presentation Starwood lays out how they attempt to reduce risk by maintaining relatively low LTV, and selling off parts of riskier loans: Source: Company presentation. In January 2013, Starwood Property Trust paid $856 million for most of LNR Property LLC business including its U.S. special servicing unit and 50% of LNR's stake in Auction.com; along with Starwood Capital Group purchasing the other 50% of LNR's stake in Auction.com and LNR's real estate development arm for $197 million. For the original version including any supplementary images or video, visit http://www.dailyfinance.com/2014/06/09/blackstone-mortgage-trust-and-starwood-property-tr/





Step-by-Step for Consumers: How to Get a Mortgage





Comparison: $275,000 mortgage, 30-year vs. 15-year Term $212,020 $78,867 Some borrowers might prefer to keep a 30-year mortgage and make higher payments whenever they feel comfortable doing so, in a bid to pay off the loan faster without tying themselves down to a required higher payment. This approach is more common when the rate differential between the 15-year and the 30-year mortgage is low. Try Bankrate's calculator to help you decide between a 15-year or 30-year mortgage . For the original version including any supplementary images or video, visit http://www.foxbusiness.com/personal-finance/2014/06/18/refinance-into-15-year-mortgage-and-save/











Shopping around and negotiating should most certainly pay off. But dont stop at the APR. Research the additional costs on the mortgage, such as points, the appraisal fee, title search fees and loan origination fees. For the original version including any supplementary images or video, visit http://www.nerdwallet.com/blog/mortgages/stepbystep-consumers-mortgage/