MIAC’s Whole Loan Desk is pleased to offer a Whole Loan Portfolio with Credit Union Participation.

Seller is Credit Union located in the North East United States, with a portfolio of 1-4 Unit, Investment Property Business Loans. Not subject to the CFPB. These loans are perfectly performing with full documentation of the Borrowers. The opportunity is to sell $10MM plus a flow trade, or on going purchase relationship. The Seller would like to execute a 90/10, servicing retained, participation sale.

Guidelines are available for review, please see the below strats. Please execute the NDA below to receive more detailed information.

[table width =”100%” style =”table-striped table-bordered table-hover” responsive =”true”]
[table_head]
[th_column]Credit Score[/th_column]
[th_column]Current Balance[/th_column]
[th_column]Loan Count[/th_column]
[/table_head]
[table_body]
[table_row]
[row_column]Below 680[/row_column]
[row_column]$        431,492.11[/row_column]
[row_column] 3[/row_column]
[/table_row]
[table_row]
[row_column]680-719[/row_column]
[row_column]$    1,468,950.65[/row_column]
[row_column]11[/row_column]
[/table_row]
[table_row]
[row_column]720 +[/row_column]
[row_column]$    9,494,342.96[/row_column]
[row_column]64[/row_column]
[/table_row]
[table_row]
[row_column]N/A[/row_column]
[row_column]$    1,392,784.17[/row_column]
[row_column]10[/row_column]
[/table_row]
[table_row]
[row_column]Grand Total[/row_column]
[row_column]$  12,787,569.89[/row_column]
[row_column]88[/row_column]
[/table_row]
[/table_body]
[/table]

[table width =”100%” style =”table-striped table-bordered table-hover” responsive =”true”]
[table_head]
[th_column]Interest Rate[/th_column]
[th_column]Current Balance[/th_column]
[th_column]Loan Count[/th_column]
[/table_head]
[table_body]
[table_row]
[row_column]Below 4 %[/row_column]
[row_column]$    2,043,825.81[/row_column]
[row_column]14[/row_column]
[/table_row]
[table_row]
[row_column]4%-4.99%[/row_column]
[row_column]$    7,879,801.56[/row_column]
[row_column]51[/row_column]
[/table_row]
[table_row]
[row_column]5%-5.99%[/row_column]
[row_column]$    2,120,351.15[/row_column]
[row_column]16[/row_column]
[/table_row]
[table_row]
[row_column]7% +[/row_column]
[row_column]$        743,591.37[/row_column]
[row_column] 7[/row_column]
[/table_row]
[/table_body]
[/table]

 

201319 Loan Strat Download

[servicebox icon=”glyphicon-pencil” icontype=”glyphicon” icon_size=”40″ iconbg_size=”100″ iconbg_radius=”20″ margin_bottom=”10″ margin_top=”5″ iconbgcolor=”#FFFFFF” iconcolor=”#777777″ headingtype=”” readmorestyle=”default”]Execute NDA to Receive Loan Tape[/servicebox]

 

Brendan Teeley

Vice President Whole Loan Sales, Trading
Mortgage Industry Advisory Corporation
521 5th Avenue, 9th Floor
New York, NY 10175
212-233-1250 x 281
317-531-5297 Mobile
brendan.teeley@miacanalytics.com

Data contained herein was provided by the seller as of 01/07/2016. Seller has represented that the information is reliable, however this does not constitute a guarantee, representation or warranty, expressed or implied, as to the accuracy or completeness of the information. The data contained is not intended to be a comprehensive summary of the all aspects of the offer of sale. Prospective buyers should conduct their own review and analysis of the data and other information described herein. This presentation of this offering document does not constitute a recommendation of the offering or a determination of its appropriateness for specific purchasers.