MORTGAGE NOTE SOLUTIONS

At Mortgage Note Solutions, we are nationally recognized buyers of private mortgage notes created through owner financing arrangements on single family residences, duplexes, tri-plexes, and four-plexes.  Additionally, we purchase private mortgage notes secured by small apartment complexes and even mobile homes involving land.

Private Mortgage Notes, or as they are sometimes known, Owner Carry-Back Mortgages, are mortgage-backed promissory notes that result when a seller of a single family home, condo, multi-family residence or other residential or commercial building provides some degree of finance to the new buyer at the time of closing.  Such private notes can represent the full amount of the mortgage on the sale (first position notes) or can be for a portion of the mortgage (second position notes) behind a traditional first mortgage lender.  Historically, Private Mortgage Notes have been excellent investments but sometimes, holders do need to sell for a variety of reasons.