Filters

Question Their Response
ID# 10047
Opportunity to Buy Loans
Loan Category Home Equity
Loan Type Home Equity Lines of Credit
Trade Structure Options Whole Loans
Operational Servicer Options Seller or Their Contract Servicer, Buyer or Their Contract Servicer
Legal Servicing Rights Options Retained, Released
Trade Repeatability Options One Time Trade, Repeat Trades
Trade Consistency Options Ad Hoc
Minimum Ad Hoc Trade Amount $ 4,000,000
Maximum Ad Hoc Trade Amount $ 6,000,000
Can Buyer Carve? Yes
Eligible States Nationwide
Can Buyer Carve Geographically? Yes
Required States Minnesota, Wisconsin
Performance Categories Performing
Can Buyer Carve for Performance? No
Required Performance Categories Performing
Company Type Bank
Eligible Counterparties Bank

Underwriting

Question Their Response
Minimum Credit Score
680
Maximum Loan to Value
89.9%
Maximum Debt Ratio
45%
Origination Channels Retail
Seasoning Buckets New 3-24 months
Rate Types Variable
Occupancy Types Primary Second Home
Property Types Single Family Duplex Condo Warrantable PUD
Income Types Full
Purpose Types Purchase Refinance

Statistics

Question Their Response
Statistics Provided Representative Statistics
Average Loan Amount $ 79,605
Weighted Average Coupon 4 %
Weighted Average Credit Score 761
Weighted Average Debt Ratio 30 %
Weighted Average Loan to Value 85 %

Deadlines

Question Their Response
Bid Deadline No Deadline
Closing Deadline No Deadline

Public Notes

Question Their Response
Public Notes
No charge-offs for 2 years for community bank seller.