Texas Funding purchases qualifying performing, sub-performing, and non-performing mortgage notes. We work with individuals, real estate investors, financial institutions, developers, and other note holders who want to explore a potential sale.
Selling a mortgage note may provide a lump-sum payment instead of waiting for future borrower payments. It may also help note holders reduce portfolio exposure or free up capital for other opportunities. The value and terms of a potential purchase depend on the note, its payment history, the collateral, and other factors.
As an experienced direct private lender, Texas Funding evaluates mortgage note opportunities based on their individual characteristics. Contact our team to discuss your note and learn more about the mortgage note purchase process.
What Is a Texas Note Purchase
A mortgage note purchase is a real estate investment strategy in which an investor buys an existing mortgage note from the current note holder. The note represents the borrower’s promise to repay a loan. It outlines the repayment schedule, interest rate, and other loan terms. The mortgage or other applicable security instrument secures the debt with real estate.
When an investor purchases a mortgage note, they take over the lender’s rights under the loan documents, subject to applicable law and the terms of the transfer. The investor may then receive payments from the borrower according to the existing loan agreement. This can provide an alternative to purchasing and managing a physical property.
Mortgage note investing can appeal to investors seeking income from loan payments. It may also offer opportunities to purchase debt at a discount, depending on the note’s performance, risk, and market value. However, returns are not guaranteed. The outcome depends on the borrower’s ability to repay, the property’s value, and the terms of the investment.
The Clients We Serve
We have more than 40+ years of experience in the lending industry. Therefore, this allows Texas Funding to purchase loans and notes from a diverse group of clients:
- We buy loans from property owners who have financed the sale of real estate and who now seek to cash out with a lump sum payment.
- Our team also purchases portfolios of loans from lending institutions and federal agencies. This allows our clients to liquidate these notes and loans more quickly and efficiently.
- Texas Funding buys non-performing loans and loans that are sub-performing. Therefore, this allows our clients to avoid the headache and expense associated with this process. Additionally, we can offer open title commitment purchase arrangements with no broker needed. No need to pay delinquent taxes or repair costs.
- For estates and trusts, we offer the ability to close fast and to liquidate properties in a timely way.
- Developers who are ready to cash out on their properties will benefit from our ability to price entire portfolios of collateral-secured loans.
- Investors who require fast money to take advantage of other opportunities will achieve the results they need by selling their real estate notes to our team. Texas Funding will move quickly to make an offer on commercial note purchases with no broker needed.
Texas Funding specializes in providing fast solutions for all types of clients with notes or loans that they wish to sell. This allows us to streamline the process and to promote the greatest financial flexibility for you.
To learn more about the note purchase options available to you from Texas Funding, please contact us today at (713) 932-6600. Our team will be happy to work with you to determine the best possible approach to your needs.