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Encourage your clients to "keep wealth in the family" by using Virgin Money to make helpful loans to relatives and friends. We'll manage your client's loans, formally documenting and servicing them. And using Virgin Money not only increases your client's chances of proper repayment, but also protects the emotional and financial interests of all parties.
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| Virgin Money is a flexible, innovative investment tool that can be used in a variety of ways. |
• Protecting loans to newly married children
• Managing gifting
• Transferring wealth between generations
• Lending money from a trust
• Free credit reporting |
• Managing loans from self-directed IRA's
• Gaining fixed income diversification
• Refinancing an existing mortgage for relative or friend
• Document intra family reverse mortgage |
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To learn how we can help your clients, talk to Mike Micciche
at Virgin Money. Get Fact Sheets | Get Guides
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1. Familiarize yourself with Virgin Money through the site, guides and fact sheets. Or call Mike Micciche at 800.815.6613
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2. Propose Virgin Money as a solution for your client's private loan needs and inform them of an available 15% discount that comes with an advisor referral.
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3. If they are interested, have your client set up an account and loan terms with Virgin Money.
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4. Your client and their borrower then confirm their loan terms, review the documentation and exchange money.
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5. As a financial advisor, you have the opportunity to monitor the account via our third party access.
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1 of 4 Next >
Jayson Deangelis of Ballentine & Finn
Jayson's client's mother was "house rich and cash poor." This is a typical situation for many seniors faced with increasing property taxes and rising health care costs. Virgin Money's Retirement Mortgage allowed Jayson’s client to financially support her mother, while earning interest, holding a lien on the property, and having her financial support clearly defined and documented. And the best part? Her mother got to stay in her home. 
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Joel Isaacson of Isaacson & Associates
Joel's client wanted to help his daughter purchase a condo in DC. As a first time homebuyer, she was finding it difficult to qualify for a traditional mortgage. Joel's client had the financial means to finance the entire mortgage while offering his daughter a great interest rate. With Virgin Money formalizing the arrangement, Joel's client earned interest on his loan, and his daughter got her condo and a mortgage deduction. 
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Chris Dalto of Delessert Financial
Chris' client wanted to help her son purchase a home nearby. She knew it would be a stretch for her son and his young family to afford it, however, due to high cost of real estate in the area. With Virgin Money, she decided to finance the entire purchase of her son's new home. Now she earns interest on her investment, and has her grandkids close by. Her son gets a home, a better interest rate and a mortgage deduction. 
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Greg Curry of Pillar Financial
Greg's client’s son was caught in the sub-prime mess and was faced with losing his home. To save the home, the parents needed to step in and refinance the mortgage. They wanted to make sure, however, to protect their retirement at the same time. Virgin Money allowed the parents to refinance their son’s mortgage, treat the loan as an investment, save their son's home and keep their retirement plan on track. |
Features
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Family Mortgage
When your client wants to help a family member purchase a home.
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Credit Reporting
Help a family member build or repair credit.
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