A crucial step when creating a mortgage note is deciding whether the borrower or lender willassume responsibility for paying property taxes and insurance premiums. Establishing an escrow(impound) account for a loan offers the advantage of monitoring tax and...
Do you dream of owning a home but feel overwhelmed by getting a mortgage through a bank? Or are you a property owner who wants to sell quickly without the bank’s lengthy processes? Owner-financed mortgage notes are a simple and powerful way for buyers and sellers to...
Owner financing prospects in 2024. Owner financing and selling owner-financed mortgage notes has gained popularity in real estate markets. These alternative financing options offer flexibility for both buyers and sellers, and the prevailing market dynamics will...
The state of Texas has specific requirements when selling a Deed of Trust. Therefore, it is crucial to partner with a reputable and experienced company to meet legalities and ensure a smooth process. American Equity Funding buys owner-financed mortgage notes...
In the world of finance, loan terms such as performing, non-performing, and sub-performing are often challenging to understand. In this blog, American Equity Funding will define and explain each of these types of loans and the various strategies used to service...