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Private Mortgage
Notes, or as they are sometimes known, Owner Carry-Back
Mortgages, are mortgage-backed promissory notes that are the
result of a seller of a single family home, condominium,
multi-family residence or other residential or commercial
building providing some degree of finance to the new buyer of
the dwelling at the time of closing. They can be for the
full amount of the mortgage on the sale (first position notes)
or can be partial (second position notes) behind a traditional
mortgage
lender.
Note Buyer Investor is a buyer and broker of private mortgage notes. If you are the holder of a private mortgage note receiving monthly or quarterly payments and would like a lump sum of cash for any reason, we can help. As the owner of a private mortgage note you can.....
ü
receive a lump sum of cash for a
sale of your note. No Obligation Confidential Quote You can receive a "no obligation" confidential quote on your private carry-back mortgage note from Note Buyer Investor by simply completing our note request form (Adobe Acrobat Reader Required) and faxing it to our underwriters. A representative will contact you within 24 hours to begin processing your request. If you have difficulty downloading our forms, you may also request a quote by mail or use our online request forms.
While owner carry-back mortgages can often provide the catalyst to get the deal done, many sellers are reluctant to hold mortgage paper for lengthy periods of time. Before you structure your deal, contact us regarding how to make your private mortgage attractive for resale at a later date if necessary.
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