buy Loans|Residential Mortgages
Opportunity Summary
Filters
| Question | Their Response |
|---|---|
| ID# | 10075 |
| 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 | Ad Hoc |
| Minimum Ad Hoc Trade Amount | $ 20,000,000 |
| Maximum Ad Hoc Trade Amount | $ 25,000,000 |
| Can Buyer Carve? | No |
| Eligible States | Nationwide |
| Company Type | Mortgage Company |
| Eligible Counterparties | Bank, Insurance Company |
Underwriting
| Question | Their Response |
|---|---|
| Origination Channels | Thru Third Party Originators |
| Seasoning Buckets | New |
| Rate Types | Fixed |
| 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 | $ 1,000,000 |
| Weighted Average Coupon | 3.58 % |
| Weighted Average Credit Score | 750 |
| Weighted Average Debt Ratio | 32 % |
| Weighted Average Loan to Value | 75 % |
Deadlines
| Question | Their Response |
|---|---|
| Bid Deadline | No Deadline |
| Closing Deadline | No Deadline |