We have great participation opportunities right now for both our home improvement loans and student loan refinancing. See below for further details and contact us to learn more.
Home Improvement Loans
Our network of contractors continues to see a high demand for luxury home improvement loans, with no signs of slowing anytime soon. We've had record originations and possess a strong existing pipeline of applicants, providing attractive participation opportunities for banks and credit unions.
Borrower profile
| Avg Loan Balance | $69,000 |
|---|---|
| WA FICO | 750 |
| Annual Participant ROA | 4.67% (after insurance & fees) |
Student Loan Refinancing
Lenders should capitalize on a once-in-a-lifetime opportunity to acquire young consumers benefitting from the US government’s loan forgiveness. With the student loan payment moratorium also lifting soon, there is a unique and profitable chance to obtain young borrowers looking to refinance.
Borrower profile
| Avg Loan Balance | $46,000 |
|---|---|
| WA FICO | 775 |
| Annual Participant ROA | 3.47% (after losses & fees) |