Sell your mortgage note for a lump sum of cash
If you're collecting payments on a property you sold with owner financing, we'll buy that note — performing or non-performing — and pay you cash. Fair pricing, a transparent process, and a single point of contact from quote to close.
Get your free note quote
No cost, no obligation. Most sellers hear back within one business day.
How selling your note works
Four straightforward steps from your first message to cash in hand.
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Tell us about your note
Share the property address, unpaid balance, interest rate, payment, and status. It takes a few minutes and costs nothing.
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Get a free quote
We review your note and send a clear, no-obligation cash offer — usually within one business day — and explain how we got there.
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We handle due diligence
Accept the offer and we verify the payment history, order a title search and property valuation, and review the documents.
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Close and get paid
You assign the note, the assignment is recorded, and funds are disbursed through a title company or attorney — typically in 14–30 days.
Every kind of private mortgage note
We purchase a wide range of seller-financed paper. If you're not sure where your note fits, just ask.
Commercial Mortgage Notes
We buy seller-financed commercial mortgage notes and deeds of trust secured by retail, office, industrial, mixed-use, and larger multifamily property.
Learn more →Land Contracts
We buy land contracts and contracts for deed — owner-financed installment sales where the seller keeps title until the buyer pays in full. Get a cash quote.
Learn more →Non-Performing Notes
Behind on payments or in default? We buy non-performing mortgage notes (NPNs) for cash, valuing them on the property and recovery — not a payment stream.
Learn more →Promissory Notes
We buy real estate promissory notes secured by property. Learn what makes a promissory note valuable and how to turn yours into a lump sum of cash.
Learn more →Residential Mortgage Notes
We buy performing and non-performing residential mortgage notes — owner-financed first liens on single-family homes, condos, and small multifamily.
Learn more →
How your state's foreclosure law affects your note
Foreclosure type, timeline, and redemption rules directly shape what a note is worth. Explore the states where we're most active.
- Alabama ALNon-judicial ~2–3 months
- Alaska AKNon-judicial (deed of trust) ~105 days
- Arizona AZNon-judicial ~3–7+ months
- Arkansas ARNon-judicial ~4–5 months
- California CANon-judicial ~4–7 months (≥111 days minimum)
- Colorado CONon-judicial (Public Trustee) ~4–5 months (110–125 days)
- Connecticut CTJudicial only (strict foreclosure or sale) ~5–7+ months
- Delaware DEJudicial only ~3–7+ months
- Florida FLJudicial only ~8–14 months (180–360+ days)
- Georgia GANon-judicial ~30–60 days
- Hawaii HIMixed — historically non-judicial, now often judicial ~6–9+ months (~220 days)
- Idaho IDNon-judicial (deed of trust) ~5 months (150+ days)
- Illinois ILJudicial only ~13–15 months (~450 days)
- Indiana INJudicial only ~8–9 months (~261 days typical)
- Iowa IAJudicial (non-judicial only for non-agricultural, non-owner-occupied) ~5 months (~150–160 days)
- Kansas KSJudicial only ~4–6 months
- Kentucky KYJudicial only ~5 months
- Louisiana LAJudicial (executory process) ~2–6 months (75–120 days executory)
- Maine MEJudicial only ~6–10+ months
- Maryland MDQuasi-judicial (power of sale with court ratification) ~3–5 months (90–150 days)
- Massachusetts MANon-judicial (power of sale) ~4–7 months (90-day cure period)
- Michigan MINon-judicial (by advertisement) ~2–6 months (~270 days with redemption)
- Minnesota MNNon-judicial ~3–4 months plus redemption
- Mississippi MSNon-judicial ~90 days
- Missouri MONon-judicial ~45–60 days (very fast)
- Montana MTNon-judicial (Small Tract Financing Act, ≤40 acres) ~5 months (150 days)
- Nebraska NENon-judicial (Trust Deeds Act) common ~3–4 months (90–120 days non-judicial)
- Nevada NVNon-judicial ~4–7+ months
- New Hampshire NHNon-judicial ~2–3 months (45-day notice)
- New Jersey NJJudicial only ~8–13+ months
- New Mexico NMJudicial (Deed of Trust Act exists) ~4–6+ months
- New York NYJudicial only ~14–15+ months (~445 days)
- North Carolina NCNon-judicial (power of sale; clerk hearing) ~3–4 months (110 days)
- North Dakota NDJudicial only ~5 months (150 days)
- Ohio OHJudicial only ~7 months (~217 days)
- Oklahoma OKNon-judicial common (borrower can force judicial) ~4–6 months
- Oregon ORNon-judicial (trust deed) ~5 months (~140 days)
- Pennsylvania PAJudicial only ~9–12 months (~360 days)
- Rhode Island RINon-judicial (power of sale) common ~3–4 months
- South Carolina SCJudicial only ~5 months (~150 days)
- South Dakota SDJudicial common (non-judicial allowed) ~5 months (150 days)
- Tennessee TNNon-judicial ~40–45 days (very fast)
- Texas TXNon-judicial ~41–90 days
- Utah UTNon-judicial (trust deed) ~5 months (~142 days)
- Vermont VTJudicial (strict foreclosure / sale) ~3+ months (~95 days to judgment)
- Virginia VANon-judicial ~45 days–5 months (60-day notice)
- Washington WANon-judicial (deed of trust) ~5–7 months (120-day minimum wait)
- Washington, D.C. DCNon-judicial (power of sale) ~60+ days
- West Virginia WVNon-judicial common (both allowed) ~2–3 months (60–90 days)
- Wisconsin WIJudicial only ~9–12 months
- Wyoming WYNon-judicial common (both allowed) ~2 months (60 days)
Guides to selling your note
- Balloon Payment Notes: How They Work and How to Sell Them A balloon note has a large lump sum due at the end. Learn how balloons work, why they cut both ways for value, the consumer-loan rules that restrict them, and how to sell a note with a balloon.
- Contract for Deed vs Mortgage Note: Key Differences Contract for deed (land contract) versus a true mortgage note — how each transfers title, the legal differences, the risks for buyers and sellers, and what each means when you go to sell.
- Dodd-Frank and Owner Financing: What Sellers Should Know How the Dodd-Frank Act and the SAFE Act affect owner financing on residential homes — the ability-to-repay rule, balloon limits, the seller-financing exclusions, and why it changes a note's value.
- How Long Does It Take to Sell a Mortgage Note? A realistic timeline for selling a private mortgage note — from quote to funding — plus the stages that take time, what speeds them up, and what commonly causes delays.
- How Note Buyers Calculate Your Offer A behind-the-curtain look at exactly how a note buyer turns your loan into a dollar offer — the present-value math, the yield they target, and the risk adjustments that move the final number.
- How to Avoid Note-Selling Scams Red flags to watch for when selling a mortgage note — bait-and-switch offers, broker markups, upfront fees, and pressure tactics — plus a checklist for vetting a legitimate, direct note buyer.
- How to Create a Sellable Owner-Finance Note If you're about to seller-finance a property, structure the note so it's worth top dollar later. A complete checklist — rate, down payment, term, documentation, servicing, and compliance — for creating note buyers want.
- How to Sell a Mortgage Note: A Step-by-Step Guide A complete, plain-English walkthrough of selling a private mortgage note — from gathering documents to closing and getting paid — plus how to avoid common mistakes.
- How to Sell an Inherited Mortgage Note Inherited a mortgage note from a parent or relative? Here's how to take ownership, gather the right documents, understand the step-up in basis, and sell the note for cash without becoming a long-distance lender.
- How to Sell an Owner-Financed Note If you sold a property and financed the buyer yourself, you hold an owner-financed note you can sell for cash. Here's exactly how owner-finance notes are valued, what makes them sellable, and how the process works.
- ITV and LTV in Note Buying Explained Two ratios drive how risky your note looks to a buyer: loan-to-value (LTV) and investment-to-value (ITV). Learn what each measures, how they differ, why they matter to your price, and how to improve them.
- Performing vs Non-Performing Notes Explained The difference between performing and non-performing mortgage notes, how each is valued, and what it means for you as a seller — whether your borrower is current or in default.
- Seller Financing Explained What seller financing is, how it works for buyers and sellers, the documents involved, the pros and cons, and how the note you create can later be sold for cash. A plain-English primer.
- Selling a Note in a Divorce Settlement When a mortgage note is a marital asset, selling it can be the cleanest way to divide value in a divorce. Learn how notes are split, how a lump-sum sale simplifies settlement, and what to gather before you sell.
- Selling a Note in Default: Your Options Your borrower stopped paying — but your note isn't worthless. Learn how non-performing notes are valued, why a default doesn't end the sale, and how to get a clean exit when foreclosure isn't something you want to handle.
- Selling a Partial vs Full Note: Which Is Right for You? You don't have to sell your whole note. Learn how a partial purchase works, how it compares to a full sale, the pros and cons of each, and how to decide based on how much cash you actually need.
- Tax Implications of Selling a Mortgage Note An educational overview of the tax considerations when you sell a private mortgage note — installment sales, capital gains, the discount you sell at, and why a CPA conversation matters before you close.
- Understanding Note Seasoning and Value What 'seasoning' means for a mortgage note, why a documented payment history is one of the biggest drivers of your price, how much seasoning buyers want, and how to build it if your note is new.
- What Documents You Need to Sell a Mortgage Note The complete document checklist for selling a private mortgage note — what each item proves, why buyers require it, and how to fix gaps like a lost original or unrecorded lien.
- What Is Your Mortgage Note Worth? How Note Pricing Works Exactly how mortgage notes are priced — present value, investor yield, and the seven factors that move your note's value up or down. Learn what to expect before you sell.
- Wraparound Mortgage Notes Explained A wraparound mortgage 'wraps' an existing loan into new owner financing. Learn how wraps work, the due-on-sale risk, why they're harder to sell, and how to position a wrap note for the best offer.
Selling a mortgage note: common questions
Why would I sell my mortgage note?
Common reasons include needing a lump sum of cash now instead of payments spread over years, wanting to invest elsewhere, eliminating the risk and hassle of collecting payments, settling an estate or divorce, or simply preferring certainty over a long-term payment stream. Selling converts a future income stream into cash today.
How much is my mortgage note worth?
A note is worth the present value of its remaining payments at a buyer’s required yield (commonly 9%–12%), adjusted for the interest rate, payment history, equity, lien position, property, and the state’s foreclosure process. Our note value calculator gives you an estimated range before you request a firm quote.
Do you buy notes in every state?
Yes, we buy notes nationwide. Because foreclosure speed and cost vary by state, the state your property is in affects pricing — fast non-judicial states like Texas and Georgia support stronger values than slow judicial states. We adjust for each state’s process.
Are you a direct buyer or a broker?
We are a direct buyer — we hold the notes we purchase, rather than marking them up and re-selling them. That keeps the transaction simpler and means you’re dealing with the actual decision-maker.
Can I sell only part of my note?
Yes. A partial purchase lets you sell a set number of upcoming payments for cash now and keep the rest of the note, which reverts to you afterward. It’s a good option if you need some cash but want to retain future income.