Commercial Real Estate
$45mm NPL and REO Land Portfolio
States · % Comp
NV 46%
CO 35%
NM 17%
Count
10
Average Balance
$4,508,500
Current Balance
$45,085,000
Original Balance
$77,755,000
| Description |
|---|
| 10 total asset relationships that include multiple parcels available for via note sales or REO. More details to follow. |
| General | |
|---|---|
| Count | 10.00 |
| Current Balance | 45,085,000.00 |
| Average Balance | 4,508,500.00 |
| Original Balance | 77,755,000.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | |
| WA Remaining Term (mos) | |
| Seasoning (months) | |
| WA Amortization Term (mos) | |
| Financials | |
|---|---|
| WA Interest Rate (%) | |
| WA Credit Score | |
| WA DSCR (%) | |
| Original LTV (%) | |
| CLTV (%) | |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | |
| Industrial (%) | |
| Retail (%) | |
| Multifamily (%) | |
| Hotel (%) | |
| Land (%) | 100.00 |
| Special Purpose (%) | |
| Other (%) | |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | |
| WA Net Leasing Area (sq. ft.) | |
| WA Number of Units | |
| WA Year Built | |
| WA Year Renovated | |
Commercial Real Estate
$4.6mm Participation Opportunity - Hospitality CRE Construction-to-Perm Loan
States · % Comp
LA 100%
Count
1
Average Balance
$4,576,728
Current Balance
$4,576,728
Original Balance
$8,576,728
| Description |
|---|
| This participation opportunity is for $4.6mm of an $8.6mm loan (closing target by year-end) to construct an 88-unit hotel in Towneplace Suites by Marriott in Sulphur, LA. The lead lender is retaining $1mm and with preference to maintain servicing. The borrowing entity purchased ~3.4 acres of raw land in 2016 with the plans of constructing two hotels. This loan request is to construct the first of two hotels and will be secured by the entire parcel of land, plus all improvements. Additional details in the loan summary inside the due diligence room. |
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 4,576,728.00 |
| Average Balance | 4,576,728.00 |
| Original Balance | 8,576,728.00 |
| Closing Date | 12/31/2018 |
| Term | |
|---|---|
| WA Original Term (mos) | 72.00 |
| WA Remaining Term (mos) | 72.00 |
| Seasoning (months) | |
| WA Amortization Term (mos) | 300.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 6.25 |
| WA Credit Score | |
| WA DSCR (%) | 1.31 |
| Original LTV (%) | 75.00 |
| CLTV (%) | 75.00 |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | 100.00 |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | |
| Industrial (%) | |
| Retail (%) | |
| Multifamily (%) | |
| Hotel (%) | 100.00 |
| Land (%) | |
| Special Purpose (%) | |
| Other (%) | |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | |
| WA Net Leasing Area (sq. ft.) | |
| WA Number of Units | 88.00 |
| WA Year Built | 2,019.00 |
| WA Year Renovated | |
Looking To Finance
Looking to Finance Any deal
Minimum Loan Size
$1000000
Maximum Loan Size
$10000000
Loan Purposes
Any
Loan Types
Any
| Description |
|---|
| Direct private money lender with capital to deploy |
| General | |
|---|---|
| Lender Type | Private lending |
| Minimum Loan Size ($) | 1000000 |
| Maximum Loan Size ($) | 10000000 |
| Minimum Loan Terms | 1.0 |
| Maximum Loan Terms | 360.0 |
| Loan Types | Any |
| Property Types | Commercial |
| Loan Details | |
|---|---|
| Loan Purposes | Any |
| Loan Types | Any |
| Minimum Loan Size ($) | 1,000,000.00 |
| Maximum Loan Size ($) | 10,000,000.00 |
| Minimum Loan Terms | 1.00 |
| Maximum Loan Terms | 360.00 |
| Amortization Terms | 10.00 |
| Maximum Loan-to-Value | 92.50 |
| Maximum Loan-to-Cost | 100.00 |
Fixed Second Liens
$5.2m CRA Eligible 2nd Liens
States · % Comp
AZ 18%
CA 9%
MD 8%
Count
748
Average Balance
$7,252
Current Balance
$5,424,753
Original Balance
$5,549,238
| Description |
|---|
| Seasoned CRA Eligible 2nd Liens. National Footprint. |
| General | |
|---|---|
| Count | 748.00 |
| Current Balance | 5,424,752.74 |
| Average Balance | 7,252.34 |
| Original Balance | 5,549,238.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 157.67 |
| WA Remaining Term (mos) | 150.55 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 6.56 |
| WA Credit Score | 676.97 |
| WA Debt to Income (%) | 44.15 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 7.11 |
| Original LTV (%) | 3.46 |
| CLTV (%) | 100.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 100.00 |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 1.07 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 24.47 |
| Other (%) | 18.41 |
Fixed Rate Mortgages
Two CRA-Eligible Mortgage Loans
States · % Comp
FL 100%
Count
2
Average Balance
$163,111
Current Balance
$326,221
Original Balance
$340,971
| General | |
|---|---|
| Count | 2.00 |
| Current Balance | 326,221.00 |
| Average Balance | 163,110.50 |
| Original Balance | 340,971.39 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 379.11 |
| WA Remaining Term (mos) | 359.67 |
| Financials | |
|---|---|
| WA Interest Rate (%) | |
| WA Credit Score | 597.91 |
| WA Debt to Income (%) | 38.38 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 19.43 |
| Original LTV (%) | 101.78 |
| CLTV (%) | 97.38 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 100.00 |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | 100.00 |
Automotive Loans
$22 Million Pool of Auto Loans (with large forward flow potential)
States · % Comp
-- --%
Count
1,572
Average Balance
$13,961
Current Balance
$21,947,183
Original Balance
$24,426,631
| Description |
|---|
| Non-bank originator of auto loans is selling a pool of $22mm well-performing auto loans with a close by 11/30. The pool mirrors overall origination which has 5 credit tiers that span between prime credit and subprime. The seller has interest in forward flow for 2019 that can reach up to $40mm/month. Also, this first pool will be sold with servicing released or retained, but released would need to have a servicing transfer date some time after 12/31. Seller offering fraud protection on life of loans, 90-day prepayment default, and ability to carve out. |
| General | |
|---|---|
| Count | 1,572.00 |
| Current Balance | 21,947,182.79 |
| Average Balance | 13,961.31 |
| Original Balance | 24,426,631.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 61.00 |
| WA Remaining Term (mos) | 52.00 |
| WA Seasoning (mos) | 9.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 7.19 |
| WA Current LTV (%) | 106.12 |
| WA Credit Score | 678.09 |
| WA Debt to Income (%) | 7.49 |
| Delinquent in 24 Months | |
|---|---|
| x30-60-90-120 Delinquencies (%) | 0.90 |
| Number of Clean Loans | 1,501.00 |
| Product Group | |
|---|---|
| Consum-Auto Fix 36 Months (%) | 1.80 |
| Consum-Auto Fix 42 Months (%) | 2.92 |
| Consum-Auto Fix 48 Months (%) | 4.39 |
| Consum-Auto Fix 54 Months (%) | 7.07 |
| Consum-Auto Fix 60 Months (%) | 22.53 |
| Consum-Auto Fix 66 Months (%) | 36.51 |
| Consum-Auto Fix 72 Months (%) | 24.59 |
| Consum-Auto Fix 78 Months (%) | 0.19 |
| Consum-Auto Fix 84 Months (%) | |
| Loan Type | |
|---|---|
| Personal (%) | 100.00 |
| Business (%) | |
| Collateral Regions | |
|---|---|
| South (%) | |
| Midwest (%) | |
| West (%) | |
| Northeast (%) | |
| Top 6 States | |
|---|---|
| State | CO |
| Percentage Composition (%) | 33.31 |
| State | TX |
| Percentage Composition (%) | 31.62 |
| State | FL |
| Percentage Composition (%) | 14.74 |
| State | CA |
| Percentage Composition (%) | 11.23 |
| State | GA |
| Percentage Composition (%) | 3.88 |
| State | WI |
| Percentage Composition (%) | 1.69 |
HELOCs
$60mm HELOCs Pool
States · % Comp
CA 43%
NY 9%
AZ 8%
Count
407
Average Balance
$146,571
Current Balance
$59,654,454
Original Balance
$62,286,731
| Description |
|---|
| Sophisticated originator of a national HELOCs program is selling a $59.6mm pool of HELOCs on a servicing retained basis, with potential for servicing released. |
| General | |
|---|---|
| Count | 407.00 |
| Current Balance | 59,654,454.36 |
| Average Balance | 146,571.14 |
| Original Balance | 62,286,731.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 360.00 |
| WA Remaining Term (mos) | 355.36 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 7.57 |
| WA Credit Score | 755.97 |
| WA Debt to Income (%) | 36.36 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 4.64 |
| Original LTV (%) | 23.28 |
| CLTV (%) | 88.29 |
| Reset Frequency(months) | 1.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 23.03 |
| Other (%) | 76.97 |
Fixed Rate Mortgages
Single REO on Bridge Loan for Sale
States · % Comp
IL 100%
Count
1
Average Balance
$115,500
Current Balance
$115,500
Original Balance
$115,500
| Description |
|---|
| REO from fix-and-flip loan for sale with a rehab valuation on the property of $180,000. |
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 115,500.00 |
| Average Balance | 115,500.00 |
| Original Balance | 115,500.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 12.00 |
| WA Remaining Term (mos) | |
| Financials | |
|---|---|
| WA Interest Rate (%) | 11.00 |
| WA Credit Score | |
| WA Debt to Income (%) | |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 12.00 |
| Original LTV (%) | 58.50 |
| CLTV (%) | 80.14 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | 100.00 |
Fixed Rate Mortgages
Fixed and Flip Bridge Loans Looking for Financing
States · % Comp
AZ 28%
IL 17%
CA 14%
Count
11
Average Balance
$252,560
Current Balance
$2,778,160
Original Balance
$2,783,500
| General | |
|---|---|
| Count | 11.00 |
| Current Balance | 2,778,160.00 |
| Average Balance | 252,560.00 |
| Original Balance | 2,783,500.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 12.00 |
| WA Remaining Term (mos) | |
| Financials | |
|---|---|
| WA Interest Rate (%) | 10.32 |
| WA Credit Score | |
| WA Debt to Income (%) | |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 12.00 |
| Original LTV (%) | 81.19 |
| CLTV (%) | 85.30 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 8.31 |
| Other (%) | 13.55 |
Fixed Rate Mortgages
Mixed-use high FICO performing loan in NJ
States · % Comp
NJ 100%
Count
1
Average Balance
$315,000
Current Balance
$315,000
Original Balance
$315,000
| Description |
|---|
| Newly originated fix-and-flip loan on a mixed-used loan in Newark, NJ. |
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 315,000.00 |
| Average Balance | 315,000.00 |
| Original Balance | 315,000.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 12.00 |
| WA Remaining Term (mos) | 12.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 10.25 |
| WA Credit Score | 711.00 |
| WA Debt to Income (%) | |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 76.57 |
| CLTV (%) | 90.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | 100.00 |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | 100.00 |
Commercial Real Estate
$2mm Non-Performing Hotel Loan in GA
States · % Comp
GA 100%
Count
1
Average Balance
$1,984,062
Current Balance
$1,984,062
Original Balance
$2,043,750
| Description |
|---|
| Bank seller of non-performing Hotel loan with 10x30 day lates located in Covington near I-20 / Alcovy Rd. Financing on the loan was was done on a 20-year amortization at 5.75% with a 36 month call. Bank can sell as-is or after repricing the deal with buyer; whichever brings more value to the buyer. |
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 1,984,061.77 |
| Average Balance | 1,984,061.77 |
| Original Balance | 2,043,750.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 36.00 |
| WA Remaining Term (mos) | 15.00 |
| Seasoning (months) | 21.00 |
| WA Amortization Term (mos) | 240.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 5.75 |
| WA Credit Score | 662.00 |
| WA DSCR (%) | 1.52 |
| Original LTV (%) | 75.00 |
| CLTV (%) | 75.00 |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | 100.00 |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | |
| Industrial (%) | |
| Retail (%) | |
| Multifamily (%) | |
| Hotel (%) | 100.00 |
| Land (%) | |
| Special Purpose (%) | |
| Other (%) | |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | 82.00 |
| WA Net Leasing Area (sq. ft.) | 15,636.00 |
| WA Number of Units | 50.00 |
| WA Year Built | 1,995.00 |
| WA Year Renovated | 2,007.00 |
Adjustable Rate Mortgages
$20-$30mm available from $85mm Foreign National Loans Pool
States · % Comp
FL 100%
Count
364
Average Balance
$233,843
Current Balance
$85,118,943
Original Balance
$90,110,850
| Description |
|---|
| Seasoned originator of foreign national loans is selling $20-$30 million of this $85 million portfolio, with a close prior to year-end a must. Ultra-clean product with no borrower ever being 30 days late. Typical borrower has at least 6 months reserves in the institution on deposit, with some having a good deal more. All the loans are full doc, have a margin of 375bps and indexed off of the 1yr Treasury. |
| General | |
|---|---|
| Count | 364.00 |
| Current Balance | 85,118,943.48 |
| Average Balance | 233,843.25 |
| Original Balance | 90,110,850.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 359.00 |
| WA Remaining Term (mos) | 335.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.54 |
| WA Credit Score | |
| WA Debt to Income (%) | 29.19 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 23.00 |
| Original LTV (%) | 57.81 |
| CLTV (%) | 57.81 |
| Reset Frequency(months) | 12.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 2.38 |
| Secondary (%) | 83.76 |
| Investor (%) | 13.87 |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 20.44 |
| Cooperative (%) | |
| Detached (%) | 79.43 |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | 0.13 |
Commercial Real Estate
$343,000 Land Loan for Residential Lots
States · % Comp
TX 100%
Count
1
Average Balance
$343,650
Current Balance
$343,650
Original Balance
$366,600
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 343,650.00 |
| Average Balance | 343,650.00 |
| Original Balance | 366,600.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 24.00 |
| WA Remaining Term (mos) | 163.00 |
| Seasoning (months) | -139.00 |
| WA Amortization Term (mos) | |
| Financials | |
|---|---|
| WA Interest Rate (%) | 11.00 |
| WA Credit Score | 557.00 |
| WA DSCR (%) | 47.00 |
| Original LTV (%) | 80.00 |
| CLTV (%) | 82.00 |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | 100.00 |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | |
| Industrial (%) | |
| Retail (%) | |
| Multifamily (%) | |
| Hotel (%) | |
| Land (%) | |
| Special Purpose (%) | |
| Other (%) | 100.00 |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | 100.00 |
| WA Net Leasing Area (sq. ft.) | |
| WA Number of Units | 18.00 |
| WA Year Built | 2,017.00 |
| WA Year Renovated | |
Mixed Consumer Loans
High-performing intl student loan portfolio - top schools
States · % Comp
MA 30%
NY 18%
IL 6%
Count
1,036
Average Balance
$16,498
Current Balance
$17,092,050
Original Balance
$18,072,471
| Description |
|---|
| Student loans for international students at top U.S. universities (primarily grad programs; M.S., MBA, etc...) |
| General | |
|---|---|
| Closing Date | MM/DD/YYYY |
| Count | 1,036.00 |
| Current Balance | 17,092,049.71 |
| Average Balance | 16,498.12 |
| Original Balance | 18,072,471.16 |
| Term | |
|---|---|
| WA Original Term (mos) | 131.27 |
| WA Remaining Term (mos) | 116.63 |
| Financials & Demographics | |
|---|---|
| WA Interest Rate (%) | 11.78 |
| WA Credit Score | |
| WA Debt to Income (%) | |
| WA Income | |
| WA Age | |
| Loan Purpose | |
|---|---|
| Car Financing (%) | |
| Credit Card Refinancing (%) | |
| Debt Consolidation (%) | |
| Green Loan (%) | |
| Home Buying (%) | |
| Home Improvement (%) | |
| Major Purchase(%) | |
| Medical Expenses (%) | |
| Moving and Relocation (%) | |
| Vacation (%) | |
| Other (%) | |
| Original Term Summary | |
|---|---|
| Less than or equal to 12 Months | |
| Less than or equal to 18 Months | |
| Less than or equal to 24 Months | |
| Less than or equal to 36 Months | |
| Less than or equal to 48 Months | 0.00 |
| Less than or equal to 60 Months | 0.03 |
| Greater than 60 Months | 99.97 |
Adjustable Rate Mortgages
$20.5mm seasoned portfolio of ARM and Fixed loans
States · % Comp
-- --%
Count
94
Average Balance
$218,414
Current Balance
$20,530,933
Original Balance
$28,760,930
| Description |
|---|
| $20.5mm seasoned portfolio of ARM and Fixed loans, preferably retained but released is available, pricing guidance is low 101s, for a 4.85 forward yield (4.56 static yield) at 15CPR. Carve-outs ok. Top five state concentration has ~$14mm in CA, MD, AZ, VA, MI. |
| General | |
|---|---|
| Count | 94.00 |
| Current Balance | 20,530,933.00 |
| Average Balance | 218,414.00 |
| Original Balance | 28,760,930.00 |
| Closing Date | |
| Term | |
|---|---|
| WA Original Term (mos) | 199.00 |
| WA Remaining Term (mos) | 170.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | |
| WA Credit Score | |
| WA Debt to Income (%) | |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 53.40 |
| CLTV (%) | 53.40 |
| Reset Frequency(months) | |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | |
Commercial Real Estate
$1.1 Million Hotel CRE and $400k Land Loan (zoned for Hotel CRE)
States · % Comp
GA 100%
Count
2
Average Balance
$749,378
Current Balance
$1,498,757
Original Balance
$1,552,770
| Description |
|---|
| Bank originator is selling two loans with the same borrower (different LLCs). Larger loan, $1.1mm, is an operating national flagged hotel in the Valdosta area of Georgia. The property has a net leasing area of 27,292 sq. ft, 80 rooms, and was renovated in 2014. The 2nd loan in this listing is for two plots of land to the same borrower who had it zoned commercial for future hotel construction. The total acreage is over 7acres and are adjacent to existing hotels off of I-75 in the Perry-area. |
| General | |
|---|---|
| Count | 2.00 |
| Current Balance | 1,498,756.60 |
| Average Balance | 749,378.30 |
| Original Balance | 1,552,769.94 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 39.00 |
| WA Remaining Term (mos) | 2.00 |
| Seasoning (months) | 27.00 |
| WA Amortization Term (mos) | 264.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 5.25 |
| WA Credit Score | 662.00 |
| WA DSCR (%) | |
| Original LTV (%) | 71.42 |
| CLTV (%) | 64.65 |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | 100.00 |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | |
| Industrial (%) | |
| Retail (%) | |
| Multifamily (%) | |
| Hotel (%) | 73.73 |
| Land (%) | 26.27 |
| Special Purpose (%) | |
| Other (%) | |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | |
| WA Net Leasing Area (sq. ft.) | 110,536.56 |
| WA Number of Units | 59.65 |
| WA Year Built | 1,483.00 |
| WA Year Renovated | 1,501.00 |
Fixed Second Liens
$1.4mm Non-performing Fixed Second Liens
States · % Comp
CA 22%
AZ 12%
FL 12%
Count
153
Average Balance
$8,666
Current Balance
$1,325,833
Original Balance
$1,342,815
| Description |
|---|
| $1.4mm of Non-performing second liens from non-bank originator. The non-performing assets are 2nd liens on FHA first liens and are designed as down-payment assistance loans. |
| General | |
|---|---|
| Count | 153.00 |
| Current Balance | 1,325,833.00 |
| Average Balance | 8,665.58 |
| Original Balance | 1,342,815.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 234.19 |
| WA Remaining Term (mos) | 214.06 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 3.01 |
| WA Credit Score | 661.91 |
| WA Debt to Income (%) | 40.76 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 20.13 |
| Original LTV (%) | 3.47 |
| CLTV (%) | 100.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 37.90 |
| Other (%) | 20.30 |
Fixed Rate Mortgages
$300k NJ Scratch and Dent Loan
States · % Comp
NJ 100%
Count
1.0
Average Balance
$337,155
Current Balance
$337,155
Original Balance
$337,155
| Description |
|---|
| Prior Ch 7 BK. Client would like to buy the house, there are three people on the loan and a fourth, a cousin, that will be paying the bills as well. |
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 337,155.00 |
| Average Balance | 337,155.00 |
| Original Balance | 337,155.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 360.00 |
| WA Remaining Term (mos) | 360.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | |
| WA Credit Score | 656.00 |
| WA Debt to Income (%) | 48.58 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 95.00 |
| CLTV (%) | 95.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 100.00 |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | |
Looking For Financing
$3 Million Bridge Loan / Short-term Financing for Utilities Construction/Disaster Repairs Company
Requested Closing Date(MM/DD/YYYY)
Total Loan Request
3,000,000.00
Loan Purpose
Working Capital
Loan Type
Bridge / Short-term Financing
| Description |
|---|
| Borrower looking for $3 million bridge loan / short-term financing on a 24 month term / 12 month interest-only structure. The company has nearly $1 million in contracts for utilities repair from natural disasters and emergencies in California. The funding will support tooling, equipment purchase, and provide working capital to enable the growth to nearly $29 million in projects for 2019. |
| General | |
|---|---|
| Requested Closing Date | |
| Total Loan Request | 3,000,000.00 |
| Loan Purpose | Working Capital |
| Loan Type | Bridge / Short-term Financing |
| Loan Term | 24.00 |
| Property Type | NA |
| Loan Details | |
|---|---|
| Total Loan Request | 3000000 |
| Loan Purpose | Working Capital |
| Loan Type | Bridge / Short-term Financing |
| Loan Term | 24.00 |
| Amortization Term | 12.00 |
| Recourse | NA |
| Appraised Value | |
| Appraised Date | NA |
| Loan-to-Value | |
Adjustable Second Liens
$4.7mm Adjustable 2nd Lien Loans
States · % Comp
VA 82%
DC 11%
MD 4%
Count
64
Average Balance
$73,103
Current Balance
$4,678,568
Original Balance
$4,977,481
| Description |
|---|
| Bank seller of seasoned Adjustable 2nd Liens. Majority of the loans are piggybacks of agency-eligible 1st liens. Both 1st and 2nd liens originated by bank seller (via subsidiary mortgage company). Seller is looking for mid-101s price. Can combine this listing with listing ID: www.stackfolio.com/marketplace#?filtered&id=5b9039f333b46e75a9ec1892 |
| General | |
|---|---|
| Count | 64.00 |
| Current Balance | 4,678,568.27 |
| Average Balance | 73,102.63 |
| Original Balance | 4,977,481.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 358.84 |
| WA Remaining Term (mos) | 327.19 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 6.00 |
| WA Credit Score | 766.58 |
| WA Debt to Income (%) | 34.91 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 31.66 |
| Original LTV (%) | 11.56 |
| CLTV (%) | 11.56 |
| Reset Frequency(months) | 12.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | 1.76 |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 4.96 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | 2.84 |
Fixed Second Liens
$2.8 Million Fixed 2nds Pool
States · % Comp
VA 62%
WV 28%
MD 6%
Count
52
Average Balance
$54,821
Current Balance
$2,850,703
Original Balance
$3,613,192
| Description |
|---|
| Bank seller of seasoned Fixed 2nd Liens. Majority of the loans are piggybacks of agency-eligible 1st liens. Both 1st and 2nd liens originated by bank seller (via subsidiary mortgage company). Seller is looking for mid-101s price. |
| General | |
|---|---|
| Count | 52.00 |
| Current Balance | 2,850,703.01 |
| Average Balance | 54,821.21 |
| Original Balance | 3,613,192.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 182.83 |
| WA Remaining Term (mos) | 135.49 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 5.37 |
| WA Credit Score | 745.26 |
| WA Debt to Income (%) | 31.27 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 47.33 |
| Original LTV (%) | 11.94 |
| CLTV (%) | 11.94 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 96.25 |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 2.48 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | |
Looking To Buy
Purchasing up to $20 million in CRE - Performing, NPL, or OREO
Requested Total Balance
$20,000,000.00
Average Balance
$4,000,000.00
Preferred Servicing
Released
Preferred Loan Type
Fixed or Adjustable
| Description |
|---|
| Heavy capitalized investment and asset management group is actively looking to deploy capital into the hospitality ÇRE segment in the Southeast. Would explore strategic buying opportunities outside the southeast as well. |
| General | |
|---|---|
| Requested Total Balance ($) | 20,000,000.00 |
| Average Balance ($) | 4,000,000.00 |
| Preferred Servicing | Released |
| Preferred Loan Type | Fixed or Adjustable |
| Preferred Transaction Type | Loan or Asset Sale |
| Requested Closing Date | 08/31/2019 |
| Geographic Preferences | |
|---|---|
| Preferred Region | Southeast |
| Preferred State(s) | GA, FL, SC, NC, AL, TN |
| State(s) to Exclude | Depends |
| Region to Exclude | Depends |
Fixed Second Liens
$8.8 Million Fixed Seconds Pool
States · % Comp
GA 27%
CA 21%
FL 17%
Count
108
Average Balance
$77,319
Current Balance
$8,350,469
Original Balance
$8,561,659
| Description |
|---|
| $8.8 million fixed seconds with pricing guidance in low 102s with servicing released. |
| General | |
|---|---|
| Count | 108.00 |
| Current Balance | 8,350,469.37 |
| Average Balance | 77,319.16 |
| Original Balance | 8,561,659.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 189.91 |
| WA Remaining Term (mos) | 355.61 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 6.19 |
| WA Credit Score | 742.42 |
| WA Debt to Income (%) | 35.03 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | -165.70 |
| Original LTV (%) | 18.69 |
| CLTV (%) | 92.27 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 98.98 |
| Secondary (%) | 1.02 |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 4.78 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 46.87 |
| Other (%) | |
Commercial Real Estate
50% Participation Offering on $5.9mm Hotel CRE Loan in Miami
States · % Comp
-- --%
Count
1
Average Balance
$2,960,169
Current Balance
$2,960,169
Original Balance
$6,000,000
| Description |
|---|
| Bank originator is actively looking for a participation partner for 50% interest pari passu on a Hotel CRE loan in Miami. The loan is 50% guaranteed by the principal and holding companies. Strong credit with 49% LTV and 1.9 DSCR. |
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 2,960,168.59 |
| Average Balance | 2,960,168.59 |
| Original Balance | 6,000,000.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 120.00 |
| WA Remaining Term (mos) | 112.00 |
| Seasoning (months) | 8.00 |
| WA Amortization Term (mos) | 300.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.25 |
| WA Credit Score | 705.00 |
| WA DSCR (%) | 1.90 |
| Original LTV (%) | 49.58 |
| CLTV (%) | 48.92 |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | 100.00 |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | |
| Industrial (%) | |
| Retail (%) | |
| Multifamily (%) | |
| Hotel (%) | 100.00 |
| Land (%) | |
| Special Purpose (%) | |
| Other (%) | |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | 76.00 |
| WA Net Leasing Area (sq. ft.) | 14,169.00 |
| WA Number of Units | 45.00 |
| WA Year Built | 1,934.00 |
| WA Year Renovated | 2,015.00 |
Fixed Rate Mortgages
CRA Eligible Pool - Midwest Region
States · % Comp
MN 18%
MO 17%
IL 16%
Count
538
Average Balance
$196,273
Current Balance
$105,594,672
Original Balance
$105,594,672
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Midwest. This seller has no minimum carveout and will allow for servicing released or retained. |
| General | |
|---|---|
| Count | 538.00 |
| Current Balance | 105,594,672.45 |
| Average Balance | 196,272.63 |
| Original Balance | 105,594,672.45 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 344.13 |
| WA Remaining Term (mos) | 343.09 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.84 |
| WA Credit Score | 700.20 |
| WA Debt to Income (%) | 37.37 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 1.04 |
| Original LTV (%) | 86.88 |
| CLTV (%) | 86.95 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 3.56 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | 0.28 |
| Planned Unit Development (PUD) (%) | 27.09 |
| Other (%) | 2.98 |
Fixed Rate Mortgages
CRA Eligible Pool - Mountain Region
States · % Comp
MN 18%
MO 17%
IL 16%
Count
538
Average Balance
$196,273
Current Balance
$105,594,672
Original Balance
$105,594,672
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Mountain Region. This seller has no minimum carveout and will allow for servicing released or retained. |
| General | |
|---|---|
| Count | 538.00 |
| Current Balance | 105,594,672.45 |
| Average Balance | 196,272.63 |
| Original Balance | 105,594,672.45 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 344.13 |
| WA Remaining Term (mos) | 343.09 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.84 |
| WA Credit Score | 700.20 |
| WA Debt to Income (%) | 37.37 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 1.04 |
| Original LTV (%) | 86.88 |
| CLTV (%) | 86.95 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 3.56 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | 0.28 |
| Planned Unit Development (PUD) (%) | 27.09 |
| Other (%) | 2.98 |
Fixed Rate Mortgages
CRA Eligible Pool - Northeast Region
States · % Comp
NY 41%
NJ 17%
MA 16%
Count
340
Average Balance
$296,803
Current Balance
$100,912,952
Original Balance
$100,912,952
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Northeast. This seller has no minimum carveout and will allow for servicing released or retained. |
| General | |
|---|---|
| Count | 340.00 |
| Current Balance | 100,912,951.87 |
| Average Balance | 296,802.80 |
| Original Balance | 100,912,951.87 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 351.34 |
| WA Remaining Term (mos) | 350.99 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.84 |
| WA Credit Score | 714.78 |
| WA Debt to Income (%) | 41.17 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 0.35 |
| Original LTV (%) | 85.89 |
| CLTV (%) | 85.98 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 7.59 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 4.69 |
| Other (%) | 14.66 |
Fixed Rate Mortgages
CRA Eligible Pool - Pacific Region
States · % Comp
NY 41%
NJ 19%
PA 15%
Count
364
Average Balance
$290,379
Current Balance
$105,697,998
Original Balance
$105,697,998
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Pacific Region. This seller has no minimum carveout and will allow for servicing released or retained. |
| General | |
|---|---|
| Count | 364.00 |
| Current Balance | 105,697,998.27 |
| Average Balance | 290,379.12 |
| Original Balance | 105,697,998.27 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 349.65 |
| WA Remaining Term (mos) | 348.60 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.82 |
| WA Credit Score | 720.02 |
| WA Debt to Income (%) | 41.04 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 1.04 |
| Original LTV (%) | 84.12 |
| CLTV (%) | 84.29 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 4.38 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 6.08 |
| Other (%) | 13.44 |
Fixed Rate Mortgages
CRA Eligible Pool - Southern Region
States · % Comp
TX 47%
TN 20%
LA 12%
Count
439
Average Balance
$223,219
Current Balance
$97,993,161
Original Balance
$97,993,161
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Southern Region. This seller has no minimum carveout and will allow for servicing released or retained. |
| General | |
|---|---|
| Count | 439.00 |
| Current Balance | 97,993,161.03 |
| Average Balance | 223,219.05 |
| Original Balance | 97,993,161.03 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 345.16 |
| WA Remaining Term (mos) | 344.05 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.74 |
| WA Credit Score | 699.60 |
| WA Debt to Income (%) | 36.45 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 1.10 |
| Original LTV (%) | 86.32 |
| CLTV (%) | 86.59 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 1.29 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | 0.35 |
| Planned Unit Development (PUD) (%) | 49.03 |
| Other (%) | 0.73 |
Fixed Rate Mortgages
CRA Eligible Pool - South Atlantic Region
States · % Comp
FL 30%
VA 19%
NC 18%
Count
804
Average Balance
$258,107
Current Balance
$207,517,843
Original Balance
$207,517,843
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the South Atlantic Region. This seller has no minimum carveout and will allow for servicing released or retained. |
| General | |
|---|---|
| Count | 804.00 |
| Current Balance | 207,517,843.28 |
| Average Balance | 258,106.77 |
| Original Balance | 207,517,843.28 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 349.26 |
| WA Remaining Term (mos) | 348.13 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.80 |
| WA Credit Score | 702.52 |
| WA Debt to Income (%) | 38.43 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 1.14 |
| Original LTV (%) | 85.78 |
| CLTV (%) | 86.21 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 4.01 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | 0.45 |
| Planned Unit Development (PUD) (%) | 51.45 |
| Other (%) | 0.64 |
Fixed Rate Mortgages
CRA Eligible - South Region
States · % Comp
TN 35%
TX 35%
LA 12%
Count
200
Average Balance
$180,560
Current Balance
$36,112,052
Original Balance
$36,112,052
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the South. Minimum carveout is $5mm, but can ask for specific areas to hold and aggregate loans. |
| General | |
|---|---|
| Count | 200.00 |
| Current Balance | 36,112,052.36 |
| Average Balance | 180,560.26 |
| Original Balance | 36,112,052.36 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 351.95 |
| WA Remaining Term (mos) | 351.95 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.98 |
| WA Credit Score | 735.88 |
| WA Debt to Income (%) | 28.77 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 82.08 |
| CLTV (%) | 82.08 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 5.78 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 19.03 |
| Other (%) | 75.19 |
Fixed Rate Mortgages
CRA Eligible - South Atlantic Region
States · % Comp
FL 24%
VA 23%
MD 20%
Count
404
Average Balance
$201,687
Current Balance
$81,481,428
Original Balance
$81,481,428
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the South Atlantic. Minimum carveout is $5mm, but can ask for specific areas to hold and aggregate loans. |
| General | |
|---|---|
| Count | 404.00 |
| Current Balance | 81,481,427.69 |
| Average Balance | 201,686.70 |
| Original Balance | 81,481,427.69 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 354.74 |
| WA Remaining Term (mos) | 354.74 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.97 |
| WA Credit Score | 742.36 |
| WA Debt to Income (%) | 30.32 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 82.76 |
| CLTV (%) | 82.76 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 7.24 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 24.62 |
| Other (%) | 68.14 |
Fixed Rate Mortgages
CRA Eligible - Pacific Region
States · % Comp
CA 46%
WA 34%
OR 17%
Count
273
Average Balance
$273,118
Current Balance
$74,561,328
Original Balance
$74,561,328
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Pacific. Minimum carveout is $5mm, but can ask for specific areas to hold and aggregate loans. |
| General | |
|---|---|
| Count | 273.00 |
| Current Balance | 74,561,328.06 |
| Average Balance | 273,118.42 |
| Original Balance | 74,561,328.06 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 348.52 |
| WA Remaining Term (mos) | 348.52 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.94 |
| WA Credit Score | 740.29 |
| WA Debt to Income (%) | 23.24 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 76.06 |
| CLTV (%) | 76.06 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 7.20 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 7.60 |
| Other (%) | 85.20 |
Fixed Rate Mortgages
CRA Eligible - Northeast Region
States · % Comp
NJ 34%
PA 22%
MA 20%
Count
164
Average Balance
$207,584
Current Balance
$34,043,806
Original Balance
$34,043,806
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Northeast. Minimum carveout is $5mm, but can ask for specific areas to hold and aggregate loans. |
| General | |
|---|---|
| Count | 164.00 |
| Current Balance | 34,043,805.68 |
| Average Balance | 207,584.18 |
| Original Balance | 34,043,805.68 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 352.89 |
| WA Remaining Term (mos) | 352.89 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 5.03 |
| WA Credit Score | 741.84 |
| WA Debt to Income (%) | 30.09 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 79.90 |
| CLTV (%) | 79.90 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 9.71 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 3.36 |
| Other (%) | 86.94 |
Fixed Rate Mortgages
CRA Eligible - Mountain Region
States · % Comp
CO 29%
AZ 28%
UT 19%
Count
278
Average Balance
$211,832
Current Balance
$58,889,306
Original Balance
$58,889,306
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Mountain Region. Minimum carveout is $5mm, but can ask for specific areas to hold and aggregate loans. |
| General | |
|---|---|
| Count | 278.00 |
| Current Balance | 58,889,306.38 |
| Average Balance | 211,832.04 |
| Original Balance | 58,889,306.38 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 350.97 |
| WA Remaining Term (mos) | 350.97 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 5.04 |
| WA Credit Score | 747.96 |
| WA Debt to Income (%) | 32.03 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 79.09 |
| CLTV (%) | 79.09 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 6.34 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 25.49 |
| Other (%) | 68.17 |
Fixed Rate Mortgages
CRA Eligible - Midwest Region
States · % Comp
MN 31%
IA 19%
IL 11%
Count
304
Average Balance
$142,858
Current Balance
$43,428,788
Original Balance
$43,428,788
| Description |
|---|
| Top 10 mortgage originator selling CRA-eligible loans in the Midwest. Minimum carveout is $5mm, but can ask for specific areas to hold and aggregate loans. |
| General | |
|---|---|
| Count | 304.00 |
| Current Balance | 43,428,787.77 |
| Average Balance | 142,857.85 |
| Original Balance | 43,428,787.77 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 347.96 |
| WA Remaining Term (mos) | 347.96 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.86 |
| WA Credit Score | 745.45 |
| WA Debt to Income (%) | 28.92 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | |
| Original LTV (%) | 81.82 |
| CLTV (%) | 81.82 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 6.23 |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 7.31 |
| Other (%) | 86.46 |
Commercial Real Estate
$450k Office/Warehouse CRE
States · % Comp
CO 100%
Count
2
Average Balance
$226,582
Current Balance
$453,164
Original Balance
$580,985
| Description |
|---|
| $450k re-performing loan on a office/warehouse in Denver, CO. |
| General | |
|---|---|
| Count | 2.00 |
| Current Balance | 453,164.03 |
| Average Balance | 226,582.02 |
| Original Balance | 580,985.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 194.72 |
| WA Remaining Term (mos) | 36.00 |
| Seasoning (months) | 158.72 |
| WA Amortization Term (mos) | 194.72 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 5.08 |
| WA Credit Score | |
| WA DSCR (%) | |
| Original LTV (%) | |
| CLTV (%) | |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | 1.51 |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | 98.49 |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | 100.00 |
| Industrial (%) | |
| Retail (%) | |
| Multifamily (%) | |
| Hotel (%) | |
| Land (%) | |
| Special Purpose (%) | |
| Other (%) | |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | |
| WA Net Leasing Area (sq. ft.) | |
| WA Number of Units | |
| WA Year Built | |
| WA Year Renovated | |
Commercial Real Estate
$3.75 Million Retail CRE
States · % Comp
RI 100%
Count
1
Average Balance
$3,750,000
Current Balance
$3,750,000
Original Balance
$3,750,000
| Description |
|---|
| $3.75 Million loan for sale on a 300,000 square foot retail center in Rhode Island. Loan has strong credit characteristics with a 46% LTV, 1.58x DSCR, and a $8.2 million appraised value. Loan will be sold servicing retained with price guidance of par with a 7.75% coupon remittance to buyer. |
| General | |
|---|---|
| Count | 1.00 |
| Current Balance | 3,750,000.00 |
| Average Balance | 3,750,000.00 |
| Original Balance | 3,750,000.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 12.00 |
| WA Remaining Term (mos) | 11.00 |
| Seasoning (months) | 1.00 |
| WA Amortization Term (mos) | 12.00 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 10.00 |
| WA Credit Score | |
| WA DSCR (%) | 1.58 |
| Original LTV (%) | 46.00 |
| CLTV (%) | 46.00 |
| Original Term Summary | |
|---|---|
| Less than or equal to 120 Months | 100.00 |
| Less than or equal to 180 Months | |
| Less than or equal to 360 Months | |
| Greater than 360 Months | |
| Property Type | |
|---|---|
| Office (%) | |
| Industrial (%) | |
| Retail (%) | 100.00 |
| Multifamily (%) | |
| Hotel (%) | |
| Land (%) | |
| Special Purpose (%) | |
| Other (%) | |
| Property Info | |
|---|---|
| WA Occupancy Rate (%) | 57.80 |
| WA Net Leasing Area (sq. ft.) | 298,598.00 |
| WA Number of Units | 3.00 |
| WA Year Built | 1,964.00 |
| WA Year Renovated | 1,992.00 |
Looking To Buy
$20mm Performing, NPL, Sub-performing US CRE
Requested Total Balance
$20,000,000.00
Average Balance
$500,000.00
Preferred Servicing
Released/Retained
Preferred Loan Type
Commercial Real Estate
| Description |
|---|
| $20mm Performing, NPL, Sub-performing US CRE |
| General | |
|---|---|
| Requested Total Balance ($) | 20,000,000.00 |
| Average Balance ($) | 500,000.00 |
| Preferred Servicing | Released/Retained |
| Preferred Loan Type | Commercial Real Estate |
| Preferred Transaction Type | Whole Loan Sale |
| Requested Closing Date | |
| Geographic Preferences | |
|---|---|
| Preferred Region | USA |
| Preferred State(s) | USA |
| State(s) to Exclude | None |
| Region to Exclude | Anywhere outside USA |
Looking To Buy
Any size NPL NY Metro Area
Requested Total Balance
$1,000,000.00
Average Balance
$100,000.00
Preferred Servicing
Released/Retained
Preferred Loan Type
Any
| Description |
|---|
| Any size NPL NY Metro Area |
| General | |
|---|---|
| Requested Total Balance ($) | 1,000,000.00 |
| Average Balance ($) | 100,000.00 |
| Preferred Servicing | Released/Retained |
| Preferred Loan Type | Any |
| Preferred Transaction Type | Whole Loan Sale |
| Requested Closing Date | |
| Geographic Preferences | |
|---|---|
| Preferred Region | NY Metro Area |
| Preferred State(s) | NY |
| State(s) to Exclude | All except NY |
| Region to Exclude | All except NY |
HELOCs
$1.4 Million HELOCs and Closed-end Seconds Pool.
States · % Comp
GA 100%
Count
13
Average Balance
$78,689
Current Balance
$1,022,957
Original Balance
$1,488,543
| General | |
|---|---|
| Count | 13.00 |
| Current Balance | 1,022,956.85 |
| Average Balance | 78,688.99 |
| Original Balance | 1,488,543.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 284.54 |
| WA Remaining Term (mos) | 283.54 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 6.27 |
| WA Credit Score | 744.06 |
| WA Debt to Income (%) | 27.46 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 1.00 |
| Original LTV (%) | 24.14 |
| CLTV (%) | 84.09 |
| Reset Frequency(months) | 1.00 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 89.93 |
| Secondary (%) | 10.07 |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | 4.89 |
| Cooperative (%) | |
| Detached (%) | 61.73 |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 33.39 |
| Other (%) | |
Fixed Rate Mortgages
$22 Million Pool of Non-Performing Resi, CRE, and Unsecured Loans
States · % Comp
PR 100%
Count
193
Average Balance
$114,462
Current Balance
$22,091,112
Original Balance
$22,091,112
| General | |
|---|---|
| Count | 193.00 |
| Current Balance | 22,091,112.00 |
| Average Balance | 114,461.72 |
| Original Balance | 22,091,112.00 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 89.34 |
| WA Remaining Term (mos) | 14.32 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 6.08 |
| WA Credit Score | |
| WA Debt to Income (%) | |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 75.02 |
| Original LTV (%) | |
| CLTV (%) | |
| Occupancy | |
|---|---|
| Owner Occupied (%) | 54.95 |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | |
| Other (%) | 100.00 |
Mixed Consumer Loans
$20mm Ultra-Prime Refi Student Loans (Indicative Pool)
States · % Comp
TX 10%
IL 9%
NY 8%
Count
256
Average Balance
$79,611
Current Balance
$20,380,312
Original Balance
$20,727,677
| General | |
|---|---|
| Closing Date | MM/DD/YYYY |
| Count | 256.00 |
| Current Balance | 20,380,312.35 |
| Average Balance | 79,610.60 |
| Original Balance | 20,727,677.00 |
| Term | |
|---|---|
| WA Original Term (mos) | 147.44 |
| WA Remaining Term (mos) | 145.63 |
| Financials & Demographics | |
|---|---|
| WA Interest Rate (%) | 4.94 |
| WA Credit Score | 763.11 |
| WA Debt to Income (%) | |
| WA Income | |
| WA Age | |
| Loan Purpose | |
|---|---|
| Car Financing (%) | |
| Credit Card Refinancing (%) | |
| Debt Consolidation (%) | |
| Green Loan (%) | |
| Home Buying (%) | |
| Home Improvement (%) | |
| Major Purchase(%) | |
| Medical Expenses (%) | |
| Moving and Relocation (%) | |
| Vacation (%) | |
| Other (%) | |
| Original Term Summary | |
|---|---|
| Less than or equal to 12 Months | |
| Less than or equal to 18 Months | |
| Less than or equal to 24 Months | |
| Less than or equal to 36 Months | |
| Less than or equal to 48 Months | |
| Less than or equal to 60 Months | |
| Greater than 60 Months | 91.43 |
Looking For Financing
$30mm Revolving Warehouse Line for Commercial Real Estate
Requested Closing Date(MM/DD/YYYY)
07/15/2018
Total Loan Request
70,000,000.00
Loan Purpose
Commercial Real Estate Lending
Loan Type
Revolving Line
| Description |
|---|
| Commercial real estate lender is looking for a revolving warehouse line to fund commercial real estate opportunities. The firm recently closed on a $50MM equity capital raise to pursue up to $120 million in small balance commercial real estate lending opportunities. The firm has originated approximately $260 million in CRE since inception and has a current portfolio of $150mm in CRE. The portfolio has averaged a 17.34% gross IRR across various levels of their loans. |
| General | |
|---|---|
| Requested Closing Date | 07/15/2018 |
| Total Loan Request | 70,000,000.00 |
| Loan Purpose | Commercial Real Estate Lending |
| Loan Type | Revolving Line |
| Loan Term | 5.00 |
| Property Type | Commercial Real Estate |
| Loan Details | |
|---|---|
| Total Loan Request | 70000000 |
| Loan Purpose | Commercial Real Estate Lending |
| Loan Type | Revolving Line |
| Loan Term | 5.00 |
| Amortization Term | 5.00 |
| Recourse | NA |
| Appraised Value | |
| Appraised Date | 0 |
| Loan-to-Value | |
Fixed Rate Mortgages
$29.5 Million Jumbo FHA/VA Loan Pool
States · % Comp
CA 42%
NY 16%
VA 11%
Count
48
Average Balance
$614,589
Current Balance
$29,500,258
Original Balance
$29,500,258
| General | |
|---|---|
| Count | 48.00 |
| Current Balance | 29,500,257.89 |
| Average Balance | 614,588.71 |
| Original Balance | 29,500,257.89 |
| Closing Date | MM/DD/YYYY |
| Term | |
|---|---|
| WA Original Term (mos) | 359.84 |
| WA Remaining Term (mos) | 359.55 |
| Financials | |
|---|---|
| WA Interest Rate (%) | 4.47 |
| WA Credit Score | 683.96 |
| WA Debt to Income (%) | 40.81 |
| Seasoning/LTV | |
|---|---|
| Seasoning (months) | 0.29 |
| Original LTV (%) | 92.73 |
| CLTV (%) | 92.75 |
| Occupancy | |
|---|---|
| Owner Occupied (%) | |
| Secondary (%) | |
| Investor (%) | |
| Property Type | |
|---|---|
| Attached (%) | |
| Condominium (%) | |
| Cooperative (%) | |
| Detached (%) | 54.56 |
| Detached Condominium (%) | |
| Manufactured Housing (%) | |
| Planned Unit Development (PUD) (%) | 34.70 |
| Other (%) | 10.75 |
Mixed Consumer Loans
$18 Million Student Loans
States · % Comp
CA 43%
NY 6%
GA 5%
Count
703
Average Balance
$25,236
Current Balance
$17,740,914
Original Balance
$18,007,022
| Description |
|---|
| $18 million pool of student loans originated by a community bank through the iHelp program. The program, with over 30 years of history, has outperformed the student loan market with a default rate near 1%. Pricing guidance on this pool is high 100s with servicing retained as a preference. |
| General | |
|---|---|
| Closing Date | MM/DD/YYYY |
| Count | 703.00 |
| Current Balance | 17,740,914.19 |
| Average Balance | 25,236.01 |
| Original Balance | 18,007,021.51 |
| Term | |
|---|---|
| WA Original Term (mos) | 232.70 |
| WA Remaining Term (mos) | 68.94 |
| Financials & Demographics | |
|---|---|
| WA Interest Rate (%) | 7.92 |
| WA Credit Score | 747.80 |
| WA Debt to Income (%) | |
| WA Income | |
| WA Age | |
| Loan Purpose | |
|---|---|
| Car Financing (%) | |
| Credit Card Refinancing (%) | |
| Debt Consolidation (%) | |
| Green Loan (%) | |
| Home Buying (%) | |
| Home Improvement (%) | |
| Major Purchase(%) | |
| Medical Expenses (%) | |
| Moving and Relocation (%) | |
| Vacation (%) | |
| Other (%) | |
| Original Term Summary | |
|---|---|
| Less than or equal to 12 Months | |
| Less than or equal to 18 Months | |
| Less than or equal to 24 Months | |
| Less than or equal to 36 Months | |
| Less than or equal to 48 Months | |
| Less than or equal to 60 Months | |
| Greater than 60 Months | 99.96 |
Looking To Buy
10M CRE/Multi Fam NJ ONLY
Requested Total Balance
$10,000,000.00
Average Balance
$180,000.00
Preferred Servicing
Servicing retained
Preferred Loan Type
Cre/Multi Fam