Mortgage Note Capital vs American Funding Group

A buyer with roots back to 1989

American Funding Group, which operates at buymortgage.com, has been buying since 1989 — more than three decades of experience purchasing seller-financed mortgages, land contracts, and business notes. It's a direct buyer with an active footprint across Texas, Florida, and Michigan. One distinguishing trait: in addition to real estate paper, it buys business notes (notes created when a business is sold on terms), which is a category many real estate note buyers won't touch. For a seller holding a seller-financed mortgage or a land contract — or a business note — American Funding Group's long tenure and broad note appetite make it a credible option.

(Quick clarification: American Funding Group at buymortgage.com is distinct from americanfunding.com, an unrelated company. Make sure you're comparing the right buyer.)

Where American Funding Group stands out

Two strengths stand out. First, longevity — operating since 1989 means American Funding Group has closed notes across multiple market cycles. Second, breadth of note type — by buying business notes alongside real estate notes and land contracts, it serves sellers whose paper falls outside the standard residential-mortgage box. If you sold a business on terms and hold the resulting note, that's genuinely useful; most residential note buyers, including specialists, simply don't buy business paper.

Where Mortgage Note Capital fits

We concentrate on real estate notes — owner-financed residential mortgages, land contracts, and promissory notes — and we differentiate on transparency and credit breadth:

1. See your range before you call. Our free note value calculator gives you an estimated offer range up front, and our how-we-value page explains the math.
2. Performing and non-performing. We buy non-performing notes, not just current ones, valuing them on the property and the recovery path.
3. A single point of contact through closing, with deep Texas and Southeast pricing focus — the regions that create most of the country's owner-financed paper, supported by fast non-judicial foreclosure.

How to decide

• Holding a business note, or want a buyer with a since-1989 history in TX/FL/MI? American Funding Group is a strong fit — get their quote.
• Selling a residential owner-financed note (performing or not) and want to see an estimated range first? Start with our calculator.

For any note, get more than one quote and compare. We encourage it.

What both buyers will ask for

The diligence is similar for real estate notes wherever you sell: the original promissory note, the recorded deed of trust or mortgage, the closing statement, a documented payment history, proof of insurance, and current title. (Business notes require different documentation — financials and the underlying sale agreement.) Both buyers price real estate notes on the present value of remaining payments, weighing the interest rate, seasoning, borrower equity (loan-to-value), lien position, the property, and state foreclosure speed.

Matching the buyer to your note type

The cleanest way to think about this comparison is by what you're actually holding. If your note is a business note, American Funding Group's willingness to buy that category is decisive — that's a real gap most residential buyers, us included, don't fill, so go where your asset is wanted. If your note is a residential owner-financed mortgage or a land contract, both buyers compete for it, and the decision turns on transparency and the offer itself. We lead with an upfront valuation tool and buy non-performing paper a performing-focused buyer might decline. American Funding Group counters with three-plus decades of closings. Neither is universally better; the right buyer is the one whose appetite includes your note and whose offer — firm, clearly explained, with disclosed closing costs and a fast funding timeline — holds up against an independent benchmark. Get both quotes, run them against our calculator, and let the match between your note and the buyer guide you.