Bid Deadline: July 17, 2024

MIAC Analytics is pleased to announce the offering of New Origination 1st Lien HELOC Mortgages. The seller is an Aggregator, please reach out with interest, but no later than 7/17/2024.

Investment Opportunity:

  • Collateral Type: 1st Lien Home Equity Line of Credit
  • Monthly Volume: Approx. $30,000,000 – $50,000,000
  • Average UPB: $313,437 (Max $1.5mm)
  • Margin: Base Margin 4% adjusted for loan characteristics
  • Index: 30 Day Avg SOFR
  • WAC: *9.041%
  • WA FICO: 756
  • LTV: 82.02%
  • WA DTI: 31.07%
  • Geography: National

*Note: New production rates will be commensurate with market

Find out more

Learn more about MIAC Whole Loan Sales & Brokerage

Contact

For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250

Steve Harris
Managing Director, MIAC Capital Markets
(908) 400-2615

Steve.Harris@miacanalytics.com

Nicholas Dorn
SVP, Whole Loan Sales, Trading
(561) 346-6814

Nicholas.Dorn@miacanalytics.com