Find a Buyer for Your Sub-Performing or Non-Performing Loan

Investor and hard money lender Houston shaking hands after note purchase
Investor and hard money lender Houston shaking hands after note purchase
Work with a Houston hard money lender for your critical note purchases.

Dealing with loans that aren’t performing well can be a real headache. They tie up your money, require a lot of time and effort to manage, and can even lose value over time. There is a solution: selling sub-performing or non-performing loans to a Houston hard money lender.

By selling these loans, you can free up your resources, reduce the administrative burden, and potentially avoid further losses. This allows you to focus on your core business and more profitable opportunities.   

When it’s time to sell, you need a company with experience, financial strength, and a reputation for fair dealing. Texas Funding is a long-standing hard money lender in Houston that specializes in purchasing these types of loans. Ready to explore your options? Contact our team today for a confidential note purchase consultation.

Benefits of Selling Non-Performing Loans

Holding onto sub-performing loans can feel like dragging an anchor. It ties up valuable capital that you could be using for other things, like investing in new loans or growing your business. Selling these loans provides an immediate injection of cash, freeing up resources and giving you more financial flexibility.

Think of all the time and effort your team spends managing delinquent loans – chasing payments, sending notices, and dealing with the complexities of default. It’s a significant administrative burden. Selling those loans eliminates this hassle, allowing your team to focus on more productive tasks and core business functions.

The longer you hold onto a non-performing loan, the greater the risk of further losses. The value of the underlying collateral could decline, and legal or foreclosure expenses might pile up. Selling the loan allows you to mitigate these potential losses and exit a risky situation.

Finally, removing non-performing loans from your portfolio instantly improves its overall health. It boosts key performance indicators and presents a more attractive picture to investors and regulators. 

Finding the Right Buyer for Your Note Purchase

When looking for a buyer, choose a company with the experience, flexibility, and financial capacity to handle these specialized assets. This is where a Houston hard money lender can be an ideal partner for your note purchase.

Hard money lenders in Houston are known for their agility and speed. Unlike traditional banks, they often have more flexible underwriting criteria and faster approval processes. This means they can move quickly to assess and purchase your loans, providing a timely solution and getting you the capital you need without delay.

These lenders are also accustomed to dealing with unique situations and less-than-perfect credit. They understand the complexities of non-performing loans and are often more willing to consider factors beyond traditional credit scores. This flexibility can be invaluable when seeking a buyer for your distressed assets.

Many hard money lenders in Houston possess strong local market knowledge. They understand the nuances of the Texas real estate market, which can be crucial in accurately valuing and managing the underlying collateral of your loans. This expertise ensures a smoother transaction and a fair price for your assets.

Partner with an Experienced Houston Hard Money Lender

For over 40 years, Texas Funding has been a trusted source of hard money loans for Houston investors. We offer a streamlined process and quick turnaround times. If you’re looking for a reliable and experienced buyer for your non-performing assets, contact us today.