For contiguous United States only.
The following is our mortgage note buying criteria on performing notes:
Performing Note Buying Criteria; 1- 4 Unit of Single Family Residence
Performing note such as seller financing or owner carry or any acceptable alternative or creative financing types of transaction.
Buying price range $20,000 minimum up to $750,000 or more on a case by case basis.
Must have a minimum of 10% down or more
Minimum credit score of 620 or greater
Seasoning is one payment or more.
At least 7% of interest rate or higher.
We will buy notes nationwide.
360 months payment terms.
1st mortgage position only.
OFFERS FOR YOUR PERFORMING NOTES ARE UP TO 60% - 90% OF THE UNPAID PRINCIPAL BALANCE "UPB" AND CONDITIONAL TO THE PROPERTIES CURRENT GEOGRAPHIC VALUATION AND THE TERMS ARE CORRECTLY BUILT INTO THE TRANSACTION....