Looking for CRA Loans & Credits? Loan Pool for Sale
Improve Your Balance Sheet in 2025 - Home Improvement Loan Pool Offering Available
The SCA Mortgage Exchange is pleased to present a consumer loan pool of Home Improvement Secured Second Loans for sale (Bid). The Seller is a Massachusetts community non-profit lender that has maintained a long and established collaboration and partnership with SCA for over twenty-five years.
The Home Improvement pool is comprised of 4 fixed-rate loans with an unpaid principal balance totaling $98,518.49. This Pool is being sold based on the following details:
Total Current Principal Balance; $98, 518.49
(2) 15-year fixed rate loans w/ original term of 180 mos. Total Current Balance: $74,409.14
(1) 8-year fixed-rate loans w/ original term of 96 mos. Total Current Balance: $12,485.07
(1) 7-year fixed-rate loan w/ original term of 84 mos. Total Current Balance: $11, 624.28
WAC: 5.844%
Original LTV: 42.21%
DTI: 32.87%
Weighted Avg. FICO: 666
Original Term: 158 mos.
Remaining Term: 128 mos.
Bids on this pool are due no later than 5:00PM on Monday, November 17, 2025.
If your Institution is seeking CRA loan credits and if you are looking for an alternative strategy due to the current lack of loan origination volume, high interest rates, and low housing inventory, this pool may help fill that niche.
For additional detailed information on this pool or other upcoming offerings (Purchase/Sell) you may be interested in through the SCA Mortgage Exchange, please contact Bill Dolan, Director at: (617) 694-2617 or email Bill at: Wdolan@scapartnering.com
*** Disclaimer of Liability and Accuracy of Data***
The information contained in this offering is based on data provided by the Seller. Every effort has been made to provide information and data that is current and accurate. Nevertheless, inadvertent errors in information may occur. The information contained in this offering has been supplied to the SCA Mortgage Exchange by the Seller and no warranty or guarantee is expressed or implied, and the Purchaser’s offer to purchase should be subject to its personal examination and due diligence of the Seller. SCA Mortgage Exchange gives no assurance or warranty that information is current and accurate and take no responsibility for matters arising from changed circumstances or other information or material which may affect the accuracy of information in this offering. The seller reserves the right to reject any/ all bids.
CONFIDENTIAL- ANYONE INTERESTED MAY NOT DISCUSS WITH OTHER LENDERS REGARDING THEIR BID OR DETAILS OF THE TRANSACTION.
