buy Loans|Residential Mortgages

Opportunity Summary

Filters

Question Their Response
ID# 10057
Opportunity to Buy Loans
Loan Category Residential Mortgages
Loan Type Jumbo
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 Repeat Trades
Trade Consistency Options Flow
Minimum Monthly Flow Volume $ 20,000,000
Maximum Monthly Flow Volume $ 40,000,000
Flow Forward Commitment Options With a Forward Commitment
Flow Frequency Options Daily
Flow Delivery Options Loan by Loan
Can Buyer Carve? Yes
Eligible States Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin
Can Buyer Carve Geographically? No
Performance Categories Performing
Can Buyer Carve for Performance? No
Required Performance Categories Performing
Company Type Mortgage Company
Eligible Counterparties Bank

Underwriting

Question Their Response
Minimum Credit Score
700
Maximum Loan to Value
80.0%
Maximum Debt Ratio
43%
Origination Channels Thru Third Party Originators
Seasoning Buckets New
Rate Types Fixed Variable
Occupancy Types Primary
Property Types Single Family Condo Warrantable Condo Nonwarrantable PUD
Income Types Full
Purpose Types Purchase Refinance

Statistics

Question Their Response
Statistics Provided No Statistics

Deadlines

Question Their Response
Bid Deadline No Deadline
Closing Deadline No Deadline

Public Notes

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Public Notes