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DREAM Program

Defeasance for Real Estate Affordability and Mobility

Homeowner current loan: $500K, 2.85%
Monthly payment: $2,100

TRADITIONAL PREPAYMENT

Sell home & Pay Off amount:
$500K
New Home Loan amount & rate:
$500K, 7.0%
New monthly payment:
$3,300

DREAM
TRANSACTION

Sell home & Pay Off amount:
$420K
New Home Loan amount & rate:
$420K, 7.0%
New monthly payment:
$2,800

THE
BENEFITS

Pay Off $420K instead of $500K
$80K Principal Discount
New Home Loan amount:
$420K instead of $500K.
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Business Case Example

CURRENT

TAKARA PROGRAM

Total assets: $30 billion
FRM Portfolio: 7,500 loans, $5 billion
Avg. rate: 3.5%

Total unlocked value: $600 million
Average borrower benefit: $85,000
Avg. lender revenue per loan: $7,500

Lender Benefits

- New fees

- Origination flow

- Capital relief

- Improved liquidity

Disclaimer: The material on this site is intended solely for informational purposes.
Under no circumstance shall it be construed, by implication or otherwise, as legal, tax, or investment advice. 

All rights reserved to Takara Inc., 2025.

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