1 / 3

“Collaboration” Loan Participations

“Collaboration” Loan Participations. Partnership. In order to limit our concentration to one member, we began participating out some of our commercial real estate loans. Boston and San Diego Partnership: $1.6M Total ($600 San Diego and $1M Boston) 43% Partnership Pass through rate of 4.25%

danil
Download Presentation

“Collaboration” Loan Participations

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. “Collaboration”Loan Participations

  2. Partnership In order to limit our concentration to one member, we began participating out some of our commercial real estate loans. Boston and San Diego Partnership: • $1.6M Total ($600 San Diego and $1M Boston) • 43% Partnership • Pass through rate of 4.25% • Third party servicer 2

  3. Participation Pools Our loan to share ratio has exceeded 100%; therefore, we began to pool our real estate loans and participate them out to other Credit Unions. This allows us to continue to service our members and maintain our 5% Liquidity ratio, 40% NEV ratio, and 10.25% Capital ratio. Custom pools can be created. Following is an example of two recent pools: • $3M and $5M Pools • 70-80% LTV Real Estate Loans • Average 770 FICOs • Mix is mainly variable rate loans (single family, owner occupied, regionally diversified) • Pass through rate is 2.90% • Option to review files • We keep 10% of the pools 2

More Related