Sell Your Residential Note for Maximum Cash Value

What Are Residential Note Buyers?

Residential note buyers are professional investors and companies that purchase seller-financed mortgage notes secured by residential properties. When a home is sold with owner financing, the seller creates a promissory note secured by a mortgage or deed of trust. Residential note buyers like Note Buyers of America purchase those notes for a lump sum of cash, giving the original seller immediate access to their capital.

Types of Residential Notes We Buy

• Single-family home notes: The most common type — notes secured by houses in any condition or location.
• Condo and townhome notes: Notes secured by condominium units and attached homes.
• Multi-family notes: Duplexes, triplexes, and fourplexes (2-4 units).
• Manufactured homes with land: Mobile homes permanently affixed to land included in the note's collateral.
• First and second lien notes: We buy both first position and subordinate residential notes.
• Performing and non-performing: Current notes and defaulted notes with sufficient equity.

What Affects Residential Note Pricing?

• Payment history: 12+ months of on-time payments is the strongest pricing signal. Clean payment records are worth more than any other factor.
• Loan-to-value (LTV): More equity in the property reduces risk. LTV under 70% gets the best offers.
• Interest rate: Higher rates generate better cash flow yields, improving your offer.
• Property type and condition: Owner-occupied single-family homes in good condition command the best pricing.
• Remaining balance and term: Larger balances and shorter remaining terms improve the offer.
• Documentation quality: Complete files with the original note, deed of trust or mortgage, and closing statement speed closing.
• Borrower credit: Higher borrower credit scores reduce perceived risk.

How to Sell a Residential Note in 3 Steps

1. Submit your note details: Property address, remaining balance, interest rate, payment amount, and payment history. Our AI-powered valuation tool provides an initial estimate instantly.
2. Receive your cash offer: Within 24 hours, you receive a written offer with transparent pricing explaining every factor.
3. Close and get paid: We handle appraisal, title search, and all closing paperwork. Most closings complete within 21 days. We pay all costs.

Frequently Asked Questions

How do I sell my residential mortgage note?

Submit your note details online or call 800-467-2943. You receive a written cash offer within 24 hours. Accept the offer and we handle all paperwork and closing in as few as 21 days with zero fees.

How much can I sell my residential note for?

Most performing first-lien residential notes sell for 80-95% of the unpaid balance. Pricing depends on payment history, LTV, interest rate, property type, and documentation quality.

Do you buy notes on mobile homes?

Yes, we buy notes secured by manufactured and mobile homes that include the land. The home must be permanently affixed to land that is part of the collateral.

Explore Other Note Types