buy Loans|Consumer Loans

Opportunity Summary

Filters

Question Their Response
ID# 10169
Opportunity to Buy Loans
Loan Category Consumer Loans
Loan Type Home Improvement
Trade Structure Options Whole Loans
Operational Servicer Options Seller or Their Contract Servicer
Legal Servicing Rights Options Retained
Trade Repeatability Options Repeat Trades
Trade Consistency Options Flow
Minimum Monthly Flow Volume $ 1,000,000
Maximum Monthly Flow Volume $ 20,000,000
Flow Forward Commitment Options With a Forward Commitment, Without a Forward Commitment
Flow Frequency Options Monthly
Flow Delivery Options Portfolio
Can Buyer Carve? Yes
Eligible States Nationwide
Can Buyer Carve Geographically? No
Performance Categories Performing
Can Buyer Carve for Performance? No
Required Performance Categories Performing
Company Type Consumer Lender
Eligible Counterparties Asset Manager, Bank, Credit Union, Insurance Company

Underwriting

Question Their Response
Minimum Credit Score
620
Maximum Debt Ratio
55%
Origination Channels Thru Dealer Relationships
Seasoning Buckets New
Rate Types Fixed Variable

Statistics

Question Their Response
Statistics Provided Representative Statistics
Average Loan Amount $ 8,300
Weighted Average Coupon 10.5 %
Weighted Average Credit Score 755
Weighted Average Debt Ratio 15 %
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