It's too early in the morning for all the high finance. Patrick, do you charge points and fees? Are we talking hard money?
I wouldn't take you up on your offer, of course. Now, if you were to offer me a loan of let's say...200% or 300%, maybe more of funds deposited
, then I might consider it.
No fees and points too, since my FICO is greater than 600.
If the gentleman wants to deposit $50,000 in the bank and borrow $50,000, because he likes liquidity, assuming he can withdraw funds over time, using a "sunset" provision on his "restricted" deposit, then more power to him.