Specialty / Hard-to-Place
We buy what others won't.
Good loans that don't fit someone else's box: rural and acreage, modular and manufactured, foreclosure bailouts, foreign nationals and lines of credit.
For lenders holding loans their usual buyers passed on.
- No minimum
- Bid within 24 hours
- Servicing released or retained
Buy box
What we look at
| Rural and acreage | Properties outside metro footprints and on larger parcels. |
|---|---|
| Modular and manufactured | Homes permanently affixed and titled as real property. |
| Foreclosure bailouts | Loans that took a borrower out of foreclosure, underwritten on the exit. |
| Foreign nationals | Investor borrowers without US credit, with documentation to support them. |
| Lines of credit | Business-purpose lines secured by real estate. |
| Leverage, credit and loan size | Set out in our guidelines and matrix, which approved sellers receive. |
How we review
Unusual loans get the same full review.
After you accept our bid, our AI underwriting reviews the entire file (the valuation and the comparables behind it, the exit, and every loan condition) and our underwriters clear it. That is how diligence clears fast and we close what we commit to.
Fit
What sells well, and what gets kicked out
Sells well
- A clear reason the loan sits outside a standard box
- Comparables that support the value, however rural
- A documented exit on bailout loans
- Complete borrower documentation for foreign nationals
Gets kicked out
- Manufactured homes not titled as real property
- Subordinate financing behind the loan
- A value with no comparable support
- Pure commercial property
What to send
What to send, and when.
Submit a tape (Excel/CSV or your loan system's export) or register loans in the CorrFirst seller portal.
To get a bid: tape fields or portal registration
- Loan ID, property address and property type
- Original and current balance, note rate and maturity
- As-is value, and after-repair value where there is one
- Lien position, occupancy and loan purpose
- Borrower credit score and experience
- Payment status and days delinquent
After you accept: the loan file and collateral documents
- Note, mortgage or deed of trust, and any modifications
- Appraisal, through an AMC with a local appraiser
- Title policy or commitment, and evidence of insurance
- Closing statement and loan approval or conditions
- Borrower and entity documents, including any guaranty
- Payment history and current servicer information
Submit a tape (Excel/CSV or your loan system's export) or register loans in the CorrFirst seller portal. Approved sellers receive our tape template and collateral file checklist.
Become a SellerCommon questions
Specialty loan questions
My usual buyer passed on this loan. Should I send it?
Do you buy manufactured home loans?
Do you buy foreclosure bailout loans?
Loans we buy
Other loans we buy
Fix & Flip / Bridge
Rehab and bridge loans, including partially drawn loans with draws still to fund.
See the buy boxGround-Up Construction
New construction up to 10 units, including multifamily and mixed-use.
See the buy boxDSCR & Investor
Rental loans qualified on property cash flow, long-term and short-term rentals.
See the buy boxSmall-Balance Commercial
Multifamily to 25 units and mixed-use to 10 units, $300K to $5M.
See the buy boxNon-QM
Bank-statement, alt-doc and other non-QM residential loans.
See the buy boxSeasoned & Performing Portfolios
Seasoned books from private lenders ready to recycle capital.
See the buy boxNext step
Have a hard-to-place loan to sell?
Submit a tape or register loans in the seller portal. Bid within 24 hours.
