buy Loans|Consumer Loans

Opportunity Summary

Filters

Question Their Response
ID# 10053
Opportunity to Buy Loans
Loan Category Consumer Loans
Loan Type Unsecured
Trade Structure Options Whole Loans
Operational Servicer Options Seller or Their Contract Servicer
Legal Servicing Rights Options Retained
Trade Repeatability Options Repeat Trades
Trade Consistency Options Flow
Minimum Monthly Flow Volume No Minimum
Maximum Monthly Flow Volume $ 20,000,000
Flow Forward Commitment Options With a Forward Commitment
Flow Frequency Options Biweekly, Monthly
Flow Delivery Options Portfolio
Can Buyer Carve? No
Eligible States Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, Wyoming
Company Type Consumer Lender
Eligible Counterparties Bank, Credit Union

Underwriting

Question Their Response
Minimum Credit Score
640
Maximum Debt Ratio
40%
Origination Channels Retail
Seasoning Buckets New
Rate Types Fixed

Statistics

Question Their Response
Statistics Provided Representative Statistics
Average Loan Amount $ 13,000
Weighted Average Coupon 12.8 %
Weighted Average Credit Score 732
Weighted Average Debt Ratio N/A
Weighted Average Loan to Value N/A

Deadlines

Question Their Response
Bid Deadline No Deadline
Closing Deadline No Deadline