Looking for a Florida note broker? Well you’ve come to the right place.
American Funding Group is a national real estate note investor headquartered in Florida. We buy mortgage notes for our own account. But sometimes in order to develop the best purchase plan for our customers, we will broker a mortgage note sale to an inner circle of approximately 30 institutional and private investors.
What should you look for when selecting a Florida Note Broker? There are number factors for you to consider. First you want to deal with a Florida note broker (or investor) who has your best interest at heart. Make sure that he or she explains the entire process to you. Make sure that your needs are being met. Keep in mind that you may be able to solve your problem by just selling a portion of your note. Make sure that the pros and cons of selling part of your mortgage note are fully explained to you before you proceed.
And also be careful of anyone offering to buy your promissory note by casually making a purchase offer over the phone. Every promissory note is different, every borrower is different. No one can make an offer to buy your real estate note without evaluating the risk… that means looking at the credit of the payers, the terms of your promissory note and the current value of the property securing your real estate note. Make sure that your Florida note broker has copies of your documents… at least the closing statement (HUD1) and promissory note before he/she makes an offer.
We are Private Mortgage note investors. And when we look at buying a private mortgage, our primary motivation is to buy that note for our own investment account. But from time to time we do act as a Florida note broker when we feel the risk involved in purchasing a particular note is too great. And at certain times we may put together pools of real estate notes to sell to another Investor.
If you would like to speak to someone about how this whole process works… feel free to contact us at 772-232-2383. Or if you would like a fair and fast offer on your Florida mortgage note please fill out the form on this website.
And while you’re at it check out what others have to say about dealing with us when selling a mortgage note.
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