For Your Best Price, Sell a New York Mortgage Note to New York Note Buyers

My experience in working with Kevin has been more than I could ask for. Kevin brought a professional and friendly atmosphere not often seen today. He made this a memorable experience that I will never forget. Thank you for your patience making everything work out smoothly. B. C. Yonkers, NY

Want to Sell Your Mortgage Note in New York?

We’re Ready to Buy — Even the Notes Other Buyers Avoid.

Are you holding a private mortgage note or deed of trust in New York and wondering how to turn it into fast, reliable cash — without all the red tape, delays, or dead ends?

You’ve found the right place. At American Funding Group, we specialize in buying private real estate notes all across the Empire State — from brownstones in Brooklyn and apartments in Queens to upstate duplexes in Albany and vacation cabins in the Adirondacks. Whether your note is on a condo in the Bronx, a fixer-upper in Buffalo, or a rental in Rochester, chances are we can help — and fast.

Veteran-owned and operated since 1989

30+ years buying mortgage notes nationwide — no brokers, no fees

BBB A+ Rated | 5.0★ Google Reviews| Chamber of Commerce Reviews

Personalized solutions — we handle complex or “hard-to-sell” notes

Fast closings (usually within 4 weeks) and clear communication every step

Why New York Note Holders Trust American Funding Group

New York’s real estate market is unlike anywhere else — complex, competitive, and full of opportunity. From skyrocketing values in parts of Brooklyn, Harlem, and Astoria to slower-paced but still growing markets in Syracuse, Schroon Lake, and Dutchess County, New Yorkers who financed a property privately are often sitting on a surprisingly valuable asset.

But let’s be honest — managing a private mortgage note in New York can be a headache.
📌 Borrowers fall behind.
📌 Property taxes go up.
📌 Rules change (hello, NYC regulations).
📌 And sometimes, that monthly payment just isn’t worth the stress.

Selling your note — or even part of it — can put a large lump sum of cash in your hands, while removing the ongoing responsibility. You can use that cash for a down payment, retirement, investing, or simply peace of mind.. 

Call (772) 232-2383 now for a fast-fair offer on your note payments within 24 hours

We Buy Notes That Other Buyers Pass Over

We’ve purchased notes:

• On properties in The Bronx, Yonkers, and even remote parts of the Catskills
• With borrowers who have credit issues or payment delinquencies
• That include balloon payments or unconventional terms
• That other buyers wouldn’t even look at

Don’t assume your note won’t sell — let us take a look first.

What Kind of Notes Do We Buy in New York?

Are you asking, “How can I sell my New York note when the borrower, the property or the note has issues?“ — For over 30 years we have been creatively solving problems to buy notes that other note buyers couldn’t purchase. Check out what other note holders have said about dealing with us by readings our testimonials. 

• We buy a wide range of private real estate notes, including:
• ✅ Residential Mortgage Notes
• ✅ Deeds of Trust
• ✅ Owner-Financed Notes
• ✅ Performing and Non-Performing First Mortgages
• ✅ Land Contracts
• ✅ Commercial Property Notes
• ✅ Business Notes
• ✅ Partial Notes (you don’t have to sell the whole thing!)
• Whether your note is tied to a townhouse in Park Slope, a rental property in Buffalo, a multifamily in Hempstead, or land in the Hudson Valley, we can give you a fast, competitive offer.

Just submit your info to our Note Buyers through the form on this page, we’ll evaluate it and get you a guaranteed offer within 24 hours. Still have questions? Check out our Frequently Asked Questions Page →

We Know New York — and the Challenges Note Holders Face

Not only do we buy notes in New York but we have been buying notes in all states for over 30 years… and we’ve uncovered and solved many problems that other Note Buyers couldn’t resolve.   As we are real estate note investors, there are no fees.  Our New York note buyers provide professional service so that you can sell all or part of your note fast and no longer have to worry about having your cash locked up in that note… or the headaches of collecting payments or doing the accounting on that note. We take care of it all in a smooth process (Learn How To Sell Your Mortgage Note ››). Feel free to call us anytime at (772) 232-2383 or simply submit the short form on this page to get the process started!

The Process To Sell Your Note To American Funding Group

We Know New York — and the Challenges Note Holders Face

Whether you’re managing a private mortgage in Queens Village, holding a balloon note on a brownstone in Clinton Hill, or just tired of chasing payments from a tenant in Schenectady, we understand what you’re going through.

Our team knows the local housing laws, lending quirks, and unique situations New Yorkers face — including foreclosure timelines, rent control issues, and complex deed transfers. We’re not just another nationwide note buyer — we understand the market block by block

 Weigh All Of Your Options Before You Sell Your Note.

📞 Ready to Talk? Call (772) 232-2383 or fill out the form above

We’ll walk you through your options, offer a fair price, and help you close fast — often in 21 days or less.

Let’s put your mortgage note to work for you — and finally take that weight off your shoulders.

Or Give Us A Call Now At: (772) 232-2383

Serving: New York City • Long Island • Westchester • Albany • Buffalo • Rochester • Syracuse • Hudson Valley • The Catskills • The Adirondacks — and everywhere in between.

Frequently Asked Questions New York note holders ask before selling

1. Can I sell all or just part of my mortgage note in New York?
Yes — you can sell your entire note or just a portion of the remaining payments. Many New York note holders prefer a partial sale, which lets them receive immediate cash while keeping some future income. It’s a flexible way to unlock liquidity without losing long-term value.

2. What types of notes do you buy in New York?
We purchase most types of real estate–secured notes across New York, including:

• Residential and commercial mortgage notes
• Land contracts or agreements for deed
• First and second liens
• Performing and non-performing notes
  We buy notes backed by property in New York City, Long Island, Buffalo, Rochester, Syracuse, Albany, and throughout upstate and western New York.

3. How do you determine how much my note is worth?
Your offer depends on several factors:

• The unpaid balance, interest rate, monthly payment, and remaining term
• The property’s value, location, and condition
• The borrower’s payment history and credit profile
• Local market conditions and New York’s legal environment (judicial foreclosure timelines, property tax rates, and lien position all influence value)

4. Are there fees, commissions, or out-of-pocket costs for sellers?
No — we cover the closing costs, title work, and documentation. There are no commissions, appraisal fees, or hidden charges. The price we offer is the amount you’ll receive at closing.

5. How long does it take to close and get paid?
Most transactions close in about 4 weeks once all documents are in order. We handle the entire process — from title verification to closing — so you can receive your funds quickly and easily.

6. What if my borrower is behind on payments or the property isn’t in great condition?
That’s okay. We frequently buy non-performing and “problem” notes throughout New York. Even if the borrower is late or the property needs repairs, we’ll evaluate your situation and structure an offer that works for you.

7. How long does foreclosure take in New York, and does it affect my note’s value?
Because New York is a judicial foreclosure state, the process must go through the court system. This can take 8–15 months on average, sometimes longer in downstate counties. That extra time can reduce a note’s resale value slightly — but we factor that into our offer so you still receive a fair, fast cash price without waiting for a lengthy court process.

8. Are there any New York tax implications when I sell my note?
Yes — when you sell your mortgage note, you may recognize a capital gain or loss based on your original investment and the sale price. While we can explain the process, we always recommend consulting a New York tax professional or CPA to determine how the sale will affect your state and federal tax obligations.

We buy mortgage notes nationwide, not just in New York. See our full coverage here: We Buy Notes in All 50 States. Or compare your options on our Nationwide Note Buyer page