homes119
Member of DD Central
Posts: 93 
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Post by homes119 on Apr 6, 2016 22:18:42 GMT
Are borrowers really paying 15%+ for Mortgage loans over decades? Or have I missed a trick with the loan originator business model?
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Post by martins on Apr 7, 2016 6:54:47 GMT
Yes, borrowers can be paying as high as mid teens for loans backed by mortgege. In many cases the borrowers take the loan as a bridge loan or to payoff other much higher interest rate loans. But some will also service the loan up to the maturity as credit availability is limited in the segment the loan originators operate (e.g. Hipocredit average loan size is just EUR 10,000).
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