Terms of Sale...

Any of the following Terms in your Mortgage Note are acceptable and if you have a very creative set of Terms, we are positive Mortgage Note Buyers has a a Mortgage Note Investor that would be interested. If you wish, you can also elect to sell just a portion of your Mortgage Note, it is your money, it is up to you.

Fully AmortizedCommon Terms of Sale

A loan whose payments include both interest and principal and will eventually be paid in full during its term with no balloon payment.

Interest Only + Balloon

The loan payment terms wherein the payment is exactly equal to the monthly interest. A large payment on a note is usually due at the end of the payment schedule, but there can also be partial balloon payments during the term of the note.

Partial Amortization

Loan payments that cover principal and interest for a certain period of time, but then the remaining balance is due in a balloon payment at the stop date.

Straight

A note having no payments during its term, with a balloon payment at the end. It may have either simple or compound interest.

Wrap-Around

A larger Mortgage that “wraps around” a smaller senior lien. The debtor pays to the holder of the “Wrap-Around” and the holder of the “Wrap” pays on the included senior lien.

 
 

DISCLAIMER: Mortgage Note Buyers, LLC is NOT a United States Securities Dealer, Broker or U.S. Investment Adviser. Mortgage Note Buyers, LLC is acting solely as an Intermediary and makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller. Any documents received are never to be considered a solicitation for any purpose in any form or content. Upon receipt of any documents, the Recipient hereby acknowledges this Disclaimer. If acknowledgment is not accepted, Recipient must return any and all documents in their original received condition to Mortgage Note Buyers, LLC.

Mortgage Note Buyers, LLC always recommends you seek a competent Lawyer, CPA or Financial/Investment Advisor to determine what is an acceptable Risk for you when considering purchasing any investment opportunity.

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This page was last updated: Friday August 12, 2011