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By selling your mortgage note, you are essentially transferring the rights to receive future payments in exchange for a cash payment now. Selling your note is a good option for note holders who no longer want to be involved in collections, or simply want the cash for other uses like repayment, medical expenses, or retirement. Selling your mortgage note can help you remove the risk of missed payments or fluctuations in the market. We deal with experienced note buyers who will pay you a competitive price based on the credit worthiness of the borrower, how much time is left on the note, the interest rate, and the payment history. Whether you are planning to sell the entire note, or part of the note the process is simple, legal, and a relatively quick transaction. In fact, most notes close in as little as 21 days.
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