MORTGAGE NOTE PURCHASING
Are You Presently Collecting Payments on
a Mortgage?
Are You in Need of Cash, and Would Like
to Sell Part or All of Your Mortgage?
Northern Range Capital helps individuals who want or need access
to cash by arranging the purchase of their Privately Held Mortgage
Notes and future payment streams in exchange for cash thereby..."Giving
you Tomorrow’s Money TODAY
with CASH NOW ".
Many people who hold assets, such as a
private mortgage note, or business note, do not realize that they
can sell them for cash! Often, these individuals would rather have
a lump sum in lieu of their note but do not know how, or where, to
liquidate their notes and future payment streams.
It doesn't matter where you are located in Canada or the United States, we
can help.
These real estate notes are known by various
names such as, privately held mortgages, vendor take back
mortgages, contracts for deeds, deeds of trust, land sale
contracts, real estate contracts, trust indentures, trust deeds
and promissory notes, depending on what province/state or region of the
country the original sale took place in.
These debt instruments provide the holders
of these real estate cash flow notes with income over the
long-term. However, many times a noteholder's circumstances may
change. Making the option of large lump sum payment now more
appealing and useful than the smaller monthly payments for a
variety of reasons including:
-
Taxes
-
Retirement needs
-
Investment Opportunities
-
Vacation or college tuition
-
Unexpected financial changes
or simply being free from the worry of late
payments or the possibility of having to foreclose on the buyer
and the list goes on...
Northern Range Capital represents both local
investors and national funding sources that make lump sum cash
payments to note holders in exchange for these cash flows.
How much is your seller financed mortgage is
worth depends on several factors:
- The interest rate on your mortgage
-
Whether it is current or not
-
If it is a first or second mortgage
-
The size of the mortgage to the value of the property (Loan to
Value)
-
The credit report of the borrower
-
How many payments you have received (Is the mortgage "aged")
-
The type of property
We specialize in purchasing mortgages on the
following property types:
- Single Family Residences
-
Multi-Family Units
-
Condominiums / Townhouses
-
Land (improved and unimproved)
-
Commercial Properties
If you, or your client, have a cash flow
note and want to
convert that asset into cash today, we can help!
For a no obligation QUOTE fill out
this
request form and fax it back to us at
905-901-3128.
You may also call us at
905-901-3063 or
contact us via email.
Get cash now
and forget those monthly payments FOREVER!