Bid Date: April 22, 2021    5:00 PM EST 

Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $9.1 million of newly originated fix and flip mortgages secured by residential property. These 1-year terms are made to non-owner borrowers as business purpose loans.

Investment Opportunity:

  • 58% Performing, 42% Seriously Delinquent
  • Current UPB: $9,120,000
  • Average UPB: $608,000
  • WAC: 8.74%
  • Loan Count: 16

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

Brendan Teeley
SVP, Whole Loan Sales, Trading
(646) 315-9221

Brendan.Teeley@miacanalytics.com