Mortgage Notes
Sell Your Mortgage Note for Cash
If you hold a mortgage note and receive monthly payments from a buyer, you may be able to convert those future payments into a lump sum of cash today. American Equity Funding has been purchasing mortgage notes nationwide since 1989 and has helped thousands of note holders access the value tied up in their seller-financed real estate transactions.
Whether your note is secured by a home, land, rental property, or commercial real estate, our experienced team can evaluate your note and provide a free, no-obligation quote.
What Is a Mortgage Note?
A mortgage note is a legal agreement that outlines the terms of a real estate loan between a borrower and a lender. In many seller-financed transactions, the property seller becomes the lender and receives monthly payments directly from the buyer.
The mortgage note typically includes:
- Loan amount
- Interest rate
- Monthly payment
- Payment schedule
- Remaining balance
- Maturity date
For many note holders, a mortgage note becomes a valuable asset that can be sold for a lump sum of cash.
Why Sell a Mortgage Note?
Many people who originally chose seller financing later decide they would rather have cash today than wait years to collect future payments.
Common reasons include:
- Retirement planning
- Paying off debt
- Purchasing another property
- Business opportunities
- Medical expenses
- Family needs
- Estate planning
- Investment diversification
Selling a mortgage note can provide immediate access to capital while eliminating the uncertainty of future payments.
Types of Mortgage Notes We Buy
American Equity Funding purchases many types of mortgage notes secured by real estate throughout the United States.
Residential Mortgage Notes
We purchase notes secured by:
- Single-family homes
- Condominiums
- Townhomes
- Duplexes
- Triplexes
- Fourplexes
- Manufactured homes with land
- Vacation homes
- Rental properties
Land Mortgage Notes
We purchase notes secured by:
- Vacant lots
- Recreational property
- Hunting land
- Agricultural land
- Rural acreage
- Development property
- Commercial land
Commercial Mortgage Notes
We purchase notes secured by:
- Office buildings
- Retail centers
- Warehouses
- Apartment buildings
- Mixed-use developments
- Industrial property
How Much Is My Mortgage Note Worth?
Several factors determine the value of a mortgage note.
These include:
- Buyer’s payment history
- Property value
- Remaining balance
- Interest rate
- Buyer’s credit profile
- Amount of equity in the property
- Down payment originally received
- Remaining loan term
Every note is unique, which is why we provide customized evaluations based on the details of your transaction.
Can I Sell Only Part of My Mortgage Note?
Yes.
Many note holders choose to sell only a portion of their future payments through a partial note sale. This allows you to receive cash now while keeping future income once the purchased payment stream has been satisfied.
A partial sale can be an excellent option for those who need immediate funds but still want long-term cash flow.
Why Choose American Equity Funding?
Since 1989, American Equity Funding has been helping note holders turn future payments into immediate cash.
Benefits of working with us include:
- More than 10,000 notes purchased
- Nationwide service
- A+ Better Business Bureau rating
- Experienced mortgage note buyers
- Fast closings
- No-obligation quotes
- Personalized service
Our goal is to make the note-selling process simple, transparent, and stress-free.
Frequently Asked Questions
What is the difference between a mortgage note and a promissory note?
A promissory note contains the borrower’s promise to repay the loan. A mortgage note is often used to describe the overall loan obligation secured by real estate.
Do you buy mortgage notes nationwide?
Yes. We purchase mortgage notes throughout the United States.
How long does the process take?
Many transactions can close within a few weeks, depending on title work, documentation, and the complexity of the transaction.
Do you buy performing and non-performing notes?
Yes. We review both performing and non-performing mortgage notes.
Is there a cost to receive a quote?
No. Quotes are free and carry no obligation.
Request a Free Mortgage Note Quote
If you are receiving payments from a mortgage note and would like to explore your options, contact American Equity Funding today. Our experienced team will review your note and provide a free, no-obligation quote to help you determine whether selling all or part of your note makes sense for your financial goals.
Request a Free Mortgage Note Quote
If you are receiving payments from a mortgage note and would like to explore your options, contact American Equity Funding today. Our experienced team will review your note and provide a free, no-obligation quote to help you determine whether selling all or part of your note makes sense for your financial goals.