buy Loans|Consumer Loans
Opportunity Summary
Filters
| Question | Their Response |
|---|---|
| ID# | 10154 |
| Opportunity to | Buy Loans |
| Loan Category | Consumer Loans |
| Loan Type | Student |
| 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 | $ 5,000,000 |
| Maximum Monthly Flow Volume | $ 100,000,000 |
| Flow Forward Commitment Options | With a Forward Commitment |
| Flow Frequency Options | Daily |
| Flow Delivery Options | Loan by Loan |
| Can Buyer Carve? | Yes |
| Eligible States | Nationwide |
| Can Buyer Carve Geographically? | Yes |
| Required States | N/A |
| Performance Categories | Performing |
| Can Buyer Carve for Performance? | No |
| Required Performance Categories | Performing |
| Company Type | Consumer Lender |
| Eligible Counterparties | Bank, Credit Union, Insurance Company |
Underwriting
| Question | Their Response |
|---|---|
| Minimum Credit Score |
670
|
| Maximum Debt Ratio |
50%
|
| Origination Channels | Retail |
| Seasoning Buckets | New |
| Rate Types | Fixed Variable |
Statistics
| Question | Their Response |
|---|---|
| Statistics Provided | Representative Statistics |
| Average Loan Amount | $ 112,502 |
| Weighted Average Coupon | 5.00 % |
| Weighted Average Credit Score | 750 |
| Weighted Average Debt Ratio | 27.33 % |
| Weighted Average Loan to Value | N/A |
Deadlines
| Question | Their Response |
|---|---|
| Bid Deadline | No Deadline |
| Closing Deadline | No Deadline |
Public Notes
| Question | Their Response |
|---|---|
| Public Notes | Weighted Average Starting Salary $135,101 |