Mortgages - Seller Financed Notes

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At 1st Priority Financial, one of our "cornerstone" businesses is the purchasing of seller-financed collateralized promissory notes. In fact, we are very active purchasers of all types of high-quality performing Private Promissory Notes such as this collateralized by:

• Single Family Residences
• Duplexes, Triplexes and Four-Plexes
• Multi-Family Residences (5 unites or more)
• Mobile Homes
• Small Commercial Buildings
• Business Assets

While owner finance notes are usually considered highly desirable investment paper by most holders, there can be unfortunate events which sometimes occur and require such valuable assets be sold.

If you find yourself in need of Lump Sum Cash and need to sell an Owner Carry-Back Mortgage Note, Deed of Trust, or Private Business Note, you've come to the right place. At 1st Priority Financial, we can provide you with many cash out options to choose from so you can tailor your note sale to best meet your current cash needs. These options include:

• Full Cash Out: The sale of the entire remaining principal balance of the note.
• Percentage Cash Out: The sale of just a percentage of the remaining balance of the note.
• Sale of a Set Number of Future Payments: Known in the industry as a partial. this has become one of the most popular methods of obtaining cash from a mortgage note.
• Sale of a Balloon Payment: If your note contains a balloon payment, we can purchase the rights to that FUTURE balloon payment and provide you with cash TODAY!

One of the best ways to determine if a Lump Sum Cash Out of your private mortgage note or business note is right for you is to request a no-obligation, confidential quotation or estimate regarding the amount of cash available to you along with the fully disclosed costs associated with your cash out.

To receive your confidential quotation, contact us  and we will typically have a quotation and proposal for you within 48 hours after your financial consultation is complete. Mortgages, loans and alternative financing is what we do best! mortgages - seller owner financing seller financing