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Mortgage Note Purchase Guidelines
Nationwide Buyers of Mortgage Notes
We are a recognized nationwide purchaser of privately held, real estate backed promissory notes and pride ourselves on our ability to provide you with a “top dollar” purchase offer. We purchase private loans ranging from as small as $50,000 to as large as $3,000,000 and more. We close quickly and don’t require any fees paid by you to us for your note sale. Additionally, we can customize your note sale and provide you with cash out options such as purchasing just a percentage of your note, the entire note balance, a future balloon payment, or we can even purchase a set number of future monthly payments.
Types of Notes We Purchase
- Immediate Lump Sum Cash for Reinvestment
- Eliminate Foreclosure Risks and Bankruptcy Concerns
- No More Collection Problems
- Eliminates IRS and Tax Reporting Problems
- No More Worry About Property Damage
- No Unpaid Real Estate Tax Worries
- No More Insurance Lapse Concerns
Types of Notes We Purchase
- New Notes
- Seasoned Notes
- Note Portfolios
- Senior Liens
- Balloons
- Real Estate Mortgages
- Contracts for Deed
- Land Contracts
- Deeds of Trust / Trust Deeds
- Partial Interest
Acceptable Property Types
- Single Family Residential
- Multi-Family Properties
- Condominiums
- Small Apartment Buildings
- Commercial Properties
- Mobile Homes with Land
Minimum ITV Values
- Owner Occupied Single Family Residential (75%)
- Non-Owner Occupied Single Family Residential (70%)
- Commercial Properties (60% -75%)