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We Purchase Seller-Financed(Owner-Financed) Mortgage Notes. We also Buy Land Contracts, and Deeds of Trust from Note Holders who want a lump-sum payment instead of receiving monthly installments if they align with our criteria. The purchase price is typically less than the remaining balance because it reflects the note’s risk, interest rate, payment history, and the underlying property’s value.
We Purchase both Private and Public Mortgage Notes on a Case-by-Case Basis. In Short; we buy mortgage note means buying the loan-not the house. The investor becomes the lender and receives the future payments that the borrower owes.
A property owner (the seller) sells a property using seller financing. Instead of the buyer getting a bank loan, the buyer agrees to make monthly payments directly to the seller. The buyer signs a promissory note (the mortgage note) and a mortgage or deed of trust that secures the debt with the property. The seller receives monthly payments over time. If the seller later wants cash immediately, they can sell that mortgage note to a note-buying company.
