MIAC Analytics is representing a Chattel mortgage originator seeking a buyer for a flow purchase arrangement on new production. Seller has recently closed out an ~$50mm commitment to an Institutional Buyer and expects to deliver $10MM–$20MM in monthly production.
Opportunity Highlights
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Production: Platform with the ability to fill buyer specific guidelines through built out origination channels
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Seasoning: New Origination
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Geography: TX, OK, AL, NC, SC, LA, GA, KY, MS
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Security: Chattel loans and Mortgages
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Property Types: Manufactured & Mobile Homes
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Occupancy: Majority Owner Occupied
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Servicing: Retained or Released
Find out more
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
