Mortgage Note Buyers in Boston
Mortgage Note Capital buys private mortgage notes, owner-financed notes, and land contracts secured by property across the Boston area. Get a free, no-obligation cash quote.
Boston is one of the highest-value real estate markets in the country, and its mix of multifamily stock and self-employed and investor buyers produces a steady supply of owner-financed mortgage notes. If you hold a note secured by a Boston-area property, Mortgage Note Capital buys it for cash.
Greater Boston's owner-finance market
The Greater Boston metro — Suffolk (Boston), Middlesex (Cambridge, Lowell), Essex, Norfolk, and Plymouth counties — combines very high property values with a large stock of two-to-four-unit buildings and a deep base of investors and self-employed buyers. High prices push many buyers toward creative financing, and sellers carry back notes to move properties and reach buyers who need time to qualify conventionally. That produces a steady flow of notes on triple-deckers, single-family homes, and condos.
How Massachusetts law shapes Boston note values
Massachusetts is a non-judicial foreclosure state that uses a power-of-sale process (after a statutory 90-day right-to-cure period). A foreclosure typically runs about four to seven months, and there is no post-sale redemption on a non-judicial sale. A deficiency judgment is available after a 21-day notice and a suit within two years. For a note buyer, Massachusetts's non-judicial process and absence of post-sale redemption — combined with the region's high property values and strong equity — support solid pricing for Boston-area paper.
Selling your Boston note
Whether your note is performing or non-performing, the legal backdrop shapes its value. Have your note and recorded mortgage, the current unpaid principal balance, the rate and payment, the payment history, and a sense of the property's value ready. Documented seasoning strengthens your offer, and you can sell the whole note or a portion through a partial purchase.
We buy notes across the Greater Boston metro, including Suffolk, Middlesex, Essex, Norfolk, and Plymouth counties. Tell us about your note for a free, no-obligation cash quote — usually within one business day.
What helps your Boston note sell at its best
Clean documentation and a verifiable payment history are the fastest path to a strong offer. Have your recorded mortgage and the original promissory note ready, and gather whatever payment records you have — a third-party servicer's history is ideal for proving seasoning. Given Greater Boston's high values, the equity behind your note is usually substantial — a current valuation confirms the investment-to-value cushion and can lift your offer. First-lien notes earn the best pricing; second liens are reviewed case by case. If there's an underlying loan beneath your note, or if it was originated through a licensed loan originator, disclose that up front so we can underwrite it accurately and move quickly to a quote.
Selling a note in Boston: FAQ
Is Massachusetts a non-judicial foreclosure state?
Yes. Massachusetts uses a non-judicial power-of-sale process (after a 90-day right-to-cure period), typically completing in about four to seven months with no post-sale redemption. That, plus high property values and strong equity, supports solid pricing for Boston-area notes.
Do you buy notes on Boston triple-deckers?
Yes. The triple-decker (a three-unit building) is iconic in Greater Boston and a common subject of owner financing. We buy seller-financed notes secured by triple-deckers, single-family homes, and condos across the metro.