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“Robert Cohan of Carlyle Financial, a mortgage bank based in San Francisco, said private funds evaluate these opportunities on a case-by-case basis, and will often be willing to work with unique situation borrowers like athletes, entrepreneurs and the self-employed.”
“Depending on how their portfolio looks — what they’ve invested in — I think there could be a huge benefit [to Beyoncé and Jay Z], it gives them flexibility, and they could pay the mortgage off any time,” Robert Cohan, managing director at Carlyle Financial in Los Angeles, told Business Insider.”