sell Loans|Home Equity

Opportunity Summary


Question Their Response
ID# 10162
Opportunity to Sell Loans
Loan Category Home Equity
Loan Type Home Equity Lines of Credit
Trade Structure Options Participations
Operational Servicer Options Seller or Their Contract Servicer
Legal Servicing Rights Options Retained
Trade Repeatability Options One Time Trade, Repeat Trades
Trade Consistency Options Flow, Ad Hoc
Minimum Ad Hoc Trade Amount $ 10,000,000
Maximum Ad Hoc Trade Amount $ 30,000,000
Minimum Monthly Flow Volume $ 2,000,000
Maximum Monthly Flow Volume $ 5,000,000
Flow Forward Commitment Options Without a Forward Commitment
Flow Frequency Options Daily, Weekly
Flow Delivery Options Portfolio, Loan by Loan
Eligible States Colorado
Company Type Credit Union
Eligible Counterparties Credit Union


Question Their Response
Minimum Credit Score
Maximum Loan to Value
Maximum Debt Ratio
Origination Channels Thru Third Party Originators Retail
Seasoning Buckets New 3-24 months > 24 months
Rate Types Variable
Occupancy Types Primary Second Home
Property Types Single Family Condo Warrantable
Income Types Full
Purpose Types Purchase Refinance


Question Their Response
Closing Deadline No Deadline

Public Notes

Question Their Response
Public Notes
Perform 100% Diligence, 90/10 Participations from Credit Unions