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