Mortage Note Note Ownership American Equity Funding (AEF) owns each mortgage note it purchases and also receives the payments. In many cases, however, the notes are brokered to a bank or other financial institution. The payments are then received by the new buyer and American Equity Funding ensures a smooth process. Note Financing Banks
Everyone wins! American Equity Funding has over 30 years experience in the buying and selling of owner financed mortgages. In this video, President, Steve Whitlock shares the steps of the selling process and how everyone can come out a winner.
Owner Financed Notes In today’s market, owner financed notes are typically purchased by three primary sources; the note payer (buyer of the property), a corporate note buyer, or a private note buyer. Perfect Scenario The ideal situation is, of course, for the note payer to pay the note off at the full face amount. In
By: Angie Roberts Harris The Wade Estate comprises a stunning 7,804 square foot home with 4 bedrooms and 4 1/2 baths plus a three car attached garage. The home rests on 10 acres, offering a dramatic park-like setting and a lifestyle of choices! Beginnings The Wade family founded the Wade Transmission & Gear Company in
In this blog space, we’ve previously covered the most common reasons for selling a mortgage note or promissory note, as well as the reasons why that note may be sold at a discount. Selling a mortgage note, discounted or not, is an extremely easy process, as long as it’s handled by a professional service company
When you bring in a recently created mortgage note or deed of trust to American Equity funding, you most likely are already aware that it is a complex numerical system of recurring transactions and compound interest. Already sound scary? As the ever-educated mortgage note seller, you’re also most likely aware there are multiple mortgage note