"We found the note buyers at American Funding Group to be very, very pleasant. My attorney and I were impressed with their helpful attitude. Our transaction was completed professionally and quickly. We were very, very pleased and would give American Funding Group our highest recommendation."

What cash flows will you buy? As a leading mortgage note buyer and mortgage investor, we buy seller financing and buy mortgages; buying real estate notes (land contracts, contracts for deed, deeds of trusts).  We are also a buyer of structured settlements and are buying business notes.  Or, you can sell your lottery payments or your annuity to us for top dollar.

Do you actually design purchase plans specially tailored to solve the note holder's problem?
Yes, we do. For example, if the seller would like to be totally free of owner financing, (mortgage, trust deed or business note) or sell all deferred payments from a structured settlement, annuity, lottery or other periodic payment contract, we will buy all these payments now. But, the note seller may not have to sell all of his payments to achieve his financial objective. Here, we will tailor a purchase plan to fit the note holder's situation. In most cases, we can purchase a specific number of payments or a part of each payment to generate the needed money  to solve the seller's problem.

How much do you pay?

FOR MORTGAGE NOTES: the value of a mortgage note is determined by number of factors, including the credit worthiness of the payor; the type and location of property; condition of improvements; structure of the mortgage note, including payment amount and repayment period; priority position; market interest rates and length of time the mortgage has been in place. There is no "standard" amount that is paid because there are no "standard" mortgages, properties, or payors. Every mortgage, every property and every payor is different.

TO SELL STRUCTURED SETTLEMENTS: As a buyer of structured settlements, we strive to meet the financial need of the seller rather than just trying to buy all the payments. If we're buying only a portion of the payment stream, we can solve immediate financial needs and leave sufficient income for the future. The amount we'll pay depends on a variety of factors, including the underlying strength of the annuity issuer, the frequency and terms of payments, the remaining "period certain" and the terms of the settlement agreement.

FOR BUSINESS NOTES: the value of a business note is established by a number of factors, including the credit worthiness of the payor; the experience of the payor in the business he is buying; amount of money the payor has at risk; the length of time that the business note has been in place; the structure of the  business note, including payment amount and repayment period and interest rate. There is no "standard" amount that is paid because there are no "standard" business notes or payors. Every business note and every payor is different.

What expenses does the note holder have to pay?
None, we generally absorb all costs.

How long will it take to receive the funds?
Normally, 2-5 weeks after we receive all required documents.

I'm an adviser to a note holder, how will I know what is going on with the transaction?
We will keep you up-to-date on the status of each transaction with periodic status reports. You'll be able to monitor the progress of the transaction without having to invest your time and resources in this administrative challenge.

How can I establish a relationship with your company?
E-mail, fax, overnight or mail to us the New Mortgage or Existing Mortgage Worksheet (for mortgage notes), the Business Note Worksheet (for business notes), or the Settlement Worksheet (to sell structured settlements or to sell your annuity).

If the seller converts a mortgage to cash, how will it effect the person(s) paying him/her?
It will not affect the payor. All terms and conditions set forth in the original note and mortgage remain in force. The only change will be to whom and to where future payments are sent.

What documents do I need to provide initially?
FOR MORTGAGES: You will need to provide a copy of the closing statement, mortgage note and security instrument (mortgage, deed of trust, land contract, agreement for deed, or contract for deed).

TO SELL STRUCTURED SETTLEMENTS: You will need to provide a copy of the settlement agreement and annuity policy.

FOR BUSINESS NOTES: You will need to provide a copy of the promissory note, security agreement and UCC1s.