USLA INTERNATIONAL is an alternative credit investor, active in the secondary market, seeking to purchase Asset- based Notes/Loans (real estate, business and other debt), at a discounted rate:

Performing, Sub-Performing, Re-Performing, and Non-Performing

 

We offer competitive pricing & prompt closing

All financial assets (notes/loans) must be secured by real estate or business assets.  Other asset types considered.

We reserve the right to assign a financial asset, at any time during the transaction.

We do not accept note/loan listings from online marketplaces or participate in auctions.

Purchase options we offer you: full purchase, partial purchase, or split purchase.

 

 Receipt of your submission does not constitute an assurance or guarantee of acceptance by USLAI

 

 

 

USLA INTERNATIONAL -

DISCOUNTED NOTE PURCHASE GUIDELINES:

 FINANCIAL ASSET (NOTE/LOAN) TYPES WE BUY, AT A DISCOUNT, INCLUDE:

• Mortgages

• Trust Deeds

• Land contracts/Contracts for Deed

• Hard Money loans and Bridge loans (short-term loans), selectively

• Asset-backed debt must be secured by business assets or real estate (residential, commercial or industrial)

• Other Asset-backed debt considered

 

 

 RESIDENTIAL LOANS/NOTES (1-4 units):

• STRUCTURE TYPE: Existing single-family residence, duplex, triplex, 4-plex, condominium, townhouse, and manufactured (mobile) home WITH land only

• PREFERRED ESTIMATED MARKET VALUE of collateral, single-family residences (SFRs) loans/notes: $100,000+

• For Hard Money Loans, preferred Fair Market Value for collateral of $200,000+ with LTV of 65% or less

• UNPAID BALANCE (UPB): From $75,000+, for single loan.  From $5,000,000+ for a residential, senior loan portfolio.  Will consider lesser valued portfolios, selectively.  Will consider portfolio ($1M+) of junior loans, selectively, but, must include current information and status on senior position loans

• DOWN PAYMENT: Owner-Occupied, we prefer at least 10% CASH (hard equity) down payment, owner-occupied.  15% CASH down payment on non-owner occupied properties

• PREFERRED INTEREST RATE: 9.00%+.  We will consider loans with lower interest rates, selectively

• GEOGRAPHIC FOCUS: Nationwide.  We will not accept collateral located in rural areas

• LOAN SEASONING: We prefer 3+ months of payment history.  Will consider 1-month seasoning if it has 10%+ cash down payment

• BORROWER(S) CREDIT:  We prefer at least a 650 credit score for owner-occupied.  A higher credit score needed for non-owner occupied.  Lower credit ok with strong seasoning and meeting other underwriting criteria (range 550-800)

• We buy notes and loans not meeting our preferred criteria, depending or other underwriting factors but our secondary market-based discounted price may be affected

 

 

 

COMMERCIAL & INDUSTRIAL (C&I) LOANS/NOTES :

• STRUCTURE TYPE: Existing, free-standing building.  Owner-Occupied or Non-Owner occupied 

• COLLATERAL PROPERTY TYPES INCLUDE: apartment building (5+ units), office building, hospitality building, retail shopping center (open-air or mall), and other CRE assset types

• Loan Type(s):  Seller-financed; bank-originated; hard money/short-term loans (bridge loans; mezzanine loans); construction-to-permanent loans.  Other types considered

• UNPAID BALANCE (UPB): USD$5 Million+.  Will consider $2 Million+.  We can purchase portfolio (UPB: $10 Million +) of loans, performing, non-performing

• DOWN PAYMENT: We prefer at least 20%-30% hard equity, with cash down payment  

• PREFERRED INTEREST RATE: We prefer at least a 10.00% rate. Lower rated loans considered selectively. 30-year amortization. 7-year balloon notes are of interest

• GEOGRAPHIC FOCUS:  Nationwide

• LOAN SEASONING: Prefer 12+ months of payment history.  Will consider 3-month+ seasoning, based on location/collateral type & condition/note terms/borrower's credit

• BORROWER(S) CREDIT:   We prefer 720+ credit score for owner-occupied.  For non-owner occupied, a higher credit score is needed

• For Performing Commercial/Industrial loans, we consider loans from all 48 states.  Also HI, AK, and Puerto Rico (UPB: $2 Million+)

• USLA International buys loans not meeting our preferred criteria subject to other underwriting criteria, but pricing may be affected

 

  

LAND NOTES/CONTRACTS/DEEDS (Improved/Unimproved):  --  WE BUY THESE TYPES OF NOTES SELECTIVELY  --

• TYPE: Raw/Vacant, Improved or Buildable tract/land lot

• We will consider single or portfolio of Non-Performing Agricultural/Farming loans/notes  (UPB: $500,000 + per loan)

• UNPAID BALANCE (UPB): $75,000+, per note.  Single, one-off or loan portfolio.  Primary, Secondary and select tertiary markets with strong demographics

• DOWN PAYMENT: We prefer to see 30%-50% CASH down payment.  Will consider loans/notes with lower down payment, at minimum 10%, but pricing will be affected.

• PREFERRED INTEREST RATE: We prefer 10.00%+, 30-year amortization, 7-year balloon.  Lesser interest rates considered selectively

• GEOGRAPHIC FOCUS: Nationwide

• LOAN SEASONING: We prefer a 12-month payment history, but will consider 6-month-plus seasoning

• BORROWER(S) CREDIT: Borrower should have good (650+) to excellent credit

 

ASK Our USLA INTERNATIONAL specialists for a no-obligation quote on your loan. CALL (213) 600-USLA (8752)

USLA INTERNATIONAL will consider buying all types of asset-backed financial assets within or outside our investment criteria

CALL US AT (213) 600-8752

  

WE PREFER THE FOLLOWING DOCUMENTS & INFORMATION FOR A PROMPT BUY QUOTE:

• Copy of a signed promissory note, contract or agreement

• Copy of recorded deed

• Copy of the Settlement/Closing Statement

• Borrower's payment history (submit entire history if under 2 years of seasoning).  For seasoned or multiple loans, at least 12 months of payment history

• Borrower's information and credit score, if available

• Indicate the type of purchase you prefer:  Full purchase, Partial purchase or Split purchase

• Include the reason why you are selling and your pricing expectation

• When submitting subordinate/Junior single, one-off or pools, include loan details on the senior/primary loan and its current loan status

• Portfolios:  Send us your data tapes and we will reply with our competitive and best pricing offer

 

USLAI will pay for standard closing costs

Acquisition/Purchase transaction can take, on average, 2-4 weeks, from receipt of documents for due diligence review

We reserve the right to assign any financial asset at any time

 

 

CALL USLA INTERNATIONAL TODAY to speak with one of our specialists at (213) 600-USLA (8752)