We purchase performing and non-performing-occupied residential backed notes to hold 1-2 years and resell.
We prefer to buy notes with property values from $30K to $100K at 40-60% of UPB or value (lesser of the two).
We try to keep the borrower in the property whenever possible. Most of the loans we purchase become re-performing and then we sell.
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Investment Criteria
$50000$200000
Assets Types
Description
We purchase performing and non-performing-occupied residential backed notes to hold 1-2 years and resell.
We prefer to buy notes with property values from $30K to $100K at 40-60% of UPB or value (lesser of the two).
We try to keep the borrower in the property whenever possible. Most of the loans we purchase become re-performing and then we sell.
Investor Office Locations
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