buy Loans|Consumer Loans

Opportunity Summary

Filters

Question Their Response
ID# 10155
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
660
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 $ 109,767
Weighted Average Coupon 4.44 %
Weighted Average Credit Score 770
Weighted Average Debt Ratio 27 %
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 $160,715