About Us
Whole Loan Trading
NPL Trader specializes in purchasing closed loans that traditional correspondent investors may not fund due to overlays or minor compliance issues. We offer a competitive alternative to “scratch and dent” loan sales. NPL Trader can bid loans within 24 hours and purchase in as little as two weeks from submission of a loan package.
Your Choice of Loan Products
Non-Performing Government Insured:
- Delinquent and Seriously Delinquent loans
- Early Payment Defaults (EPD)
- Ginnie Mae buyouts
- Modified loans are ineligible
Performing Government Insured / Guaranteed:
- Performing FHA, VA, USDA, and 203k (repairs complete)
- No Overlays to agency guidelines
- Inaccurate MIP or VA guaranty shortfall
- TRID or other minor compliance issues
- New production or seasoned
- CRA Portfolios
- Fixed Rate only
Why Us?
- Ability to quickly liquidate loans aging on your warehouse or held in portfolio
- Competitive pricing aligned with risk
- Single loan or bulk packages
- Reasonable due diligence process focused on fundamental credit decisions
- Timely and consistent purchase timelines