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