Loan & Portfolio Services

Loan Participations

Sometimes as a portfolio grows, your financial institution may look at participating pools out to other institutions to allow more room for growth and additional income.

These pools can be up to 95% of the total loan balance and include servicing if allowed by their respective federal and state charters.  They may also include servicing to be retained or released by the originating institution.

Depending on the asset type and historical performance, allowing other institutions to participate in loan pools can bring income to the bottom line for both sales and servicing.  It also allows financial institutions that do not have strong origination channels or large footprints to hold assets on their books while sharing in the income revenue with little or no work.

If your financial institution would like to discuss the market for buying or selling loan pools, let us connect you with one of our partners (or colleagues).

Loan Pools

Whole or Participations

Commercial loans – Real Estate backed, most with personal guarantees.  Starting at $1MM up to $10MM. Wide range of property types.  Minimum DSCR 125%.  Whole and participations are available.  Service retained or released.

Residential Solar loan pools – 20-25 year terms, average life 7.3 years, super-prime homeowners.  Whole loans. Forward flow opportunity.  $1-5MM a month depending on geography.  Service retained or released.

Originations

Residential Solar Lending

We work directly with a solar loan originator that has been active in the industry for almost 10 years and currently has a network of more than 80 solar distributors that undergo rigorous annual vetting for all compliance and customer satisfaction.

They are seeking regional banks and credit unions that want to add owner-occupied residential solar loans to their offerings.  These loans range from 15-25 years with net yields ranging from 3-7% depending on the term, credit profile, and geography.

Credit Profile
Avg. FICO – 750+
Avg. Income – $102,000
Avg. loan life – 7.3 years
Avg. DTI – 28%
Loan size – $5,000 – $100,000

Residential Home Improvement Lending

Our home improvement loan originator works with many licensed contractors throughout the US that specialize in home improvement, spas and pools, outdoor spaces, and HVAC improvements.

This national company receives the potential borrower’s application and evaluates it based on the individual lender’s requirements to deliver a potential loan decision while the contractor is on site.  The average loan term is 10-15 years with an average of 7.99% for Prime credit borrowers.

Servicing

We work with several loan servicers that cover most asset classes.  These loan servicers can provide all aspects of servicing from accounts receivable to late-stage collections.