Non-Performing, Re-Performing, Semi-Performing & Performing Note Offering
Although private money lending is my primary source of business, I have various colleagues in the secondary marketing industry. The offering below is through a colleague of mine who is the CEO of a note selling exchange. Contact me if you're interested in knowing more.
APRIL 2015 Note Offering:
- 100 New Low Balance Non Performing Loans.
- 20 Re-Performing & Semi Performing Loans.
- 50 Non Performing 2nd Liens.
Assets are located in the following states:
AL, AZ, CA, CT, DE, FL, GA, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, NC, NJ, NV, NY, OH, OK, PA, RI, SC, TN, TX, WI, WV.
- Loan Level bids will be entertained with a preference for buyers buying multiple assets.
- All bids are expected to be firm and final.
- Pricing will vary based on the loan population selected, value and taxes of specific assets.
- Bids will be accepted on a first come first serve basis.
- Portfolio is available to cherry pick.
Portfolio Overview
Portfolio UPB: $6.1MM
Total Number of Loans: 170
Average Loan Size: $40,681.00
Interest Rate Weighted Average: 8.89%
Lien Position: 1st Liens and 2nd Liens
Collateral Locations: Nationwide
Collateral Type: Residential (1-4 family)
Offering