When you sell a property using owner financing, you create an income stream that can last for years. But life changes. Inheritance, retirement, unexpected expenses, or concerns about the borrower’s ability to keep paying often lead note holders to ask:

“Can I sell mortgage note for cash – perhaps a lump sum?”

The answer is yes, you can sell mortgage note for cash, but who buys mortgage notes? There is a national network of private mortgage note buyers for real estate notes. Experienced buyers can provide customized offers in as little as 24–48 hours. Whether your note is performing, late, or has special terms, it can usually be sold.

We Buy Mortgage Notes Nationwide

We are private mortgage note buyers. We purchase private mortgage notes and land contracts across all 50 states, including:

• Seller-financed mortgage notes
• Land contracts and contracts for deed
• Balloon payment notes
• Probate and inherited notes
• Divorce settlement notes
• Modified or restructured notes
• Notes with late or irregular payments

Unlike banks or traditional lenders, private mortgage note buyers specialize in reviewing real-world notes with unique terms and histories.

Why Note Holders Choose to Sell Mortgage Note for Cash

People sell mortgage notes for many reasons:

• Convert monthly payments into immediate cash
• Reduce risk if the borrower becomes unreliable
• Resolve estate or inheritance matters
• Simplify finances in retirement
• Avoid balloon payment uncertainty
• Eliminate servicing, escrow, and paperwork

Selling is often a strategic financial decision, not a last resort. Many sellers choose to cash out while the note is still performing and market conditions are favorable.

How the Mortgage Note Selling Process Works

Step 1 – Submit Basic Note Information, just fill out the quick form above.
You provide the property location, unpaid balance, payment amount, interest rate, and borrower status.

Step 2 – Receive Your Quote
We evaluate the note and present full and partial purchase options. We wil respond n 24-48 hours.

Step 3 – Close and Get Paid
Most closings occur within 14–28 days depending on documentation.

There are no credit checks, no bank underwriting, and no obligation to accept an offer.

What Determines the Value of Your Mortgage Note

Every note is unique. Pricing depends on:

• Property value and equity
• Payment history and borrower performance
• Interest rate
• Remaining loan term
• Property location and condition
• Balloon payment date (if applicable)

General principle:
Lower risk = higher payout.
Higher risk = greater discount.

Even notes with late payments or unusual terms can often be sold using custom structures.

Full Sale vs. Partial Sale of a Mortgage Note

Full Sale:
You sell all remaining payments and receive a lump sum of cash.

Partial Sale:
You sell only a portion of the payments and keep future income.

Partial sales are popular for:

• Retirement planning
• Estate management
• Reducing risk while keeping long-term income

Many note holders are surprised to learn partial sales exist. See examples here.

Will Selling My Note Affect the Borrower?

No.
The borrower’s loan terms remain exactly the same. The only change is where they send their monthly payment. There are no new fees, penalties, or interest changes.

Types of Mortgage Notes We Commonly Buy

• Seller-financed mortgages
• Land contracts / agreements for deed
• Balloon payment notes
• Probate and inherited notes
• Divorce settlement notes
• Modified notes
• Notes with late or irregular payments

If a bank won’t buy your note, a private buyer often will.

Request Your Free Nationwide Note Offer

To receive a no-obligation quote, provide:

• Property address
• Remaining balance
• Monthly payment and interest rate
• Balloon payment date (if applicable)
• Any known payment issues

You will receive options within 24-hours.

Frequently Asked Questions… Sell to Private Mortgage Note Buyers

1. Who buys mortgage notes nationwide?

Private investors and professional note buying companies like American Funding Group purchase mortgage notes across all 50 states. Unlike banks, we specialize in seller-financed notes, land contracts, and privately created mortgages. Check out our complete guide to the mortgage note selling process.

2. Can I sell my mortgage note for cash?

Yes. You can sell your mortgage note for a lump sum of cash instead of waiting years for monthly payments. In most cases, we provide options within 24–48 hours after reviewing your note.

3. How long does it take to sell a mortgage note?

Most transactions close within 3 to 4 weeks, depending on how quickly documents are gathered and reviewed. Some notes can close sooner.

4. Can I sell a mortgage note with late or missed payments?

Yes. We regularly purchase notes with late or irregular payment histories. The value depends on the property equity, borrower track record, and current status of the loan.

5. Can I sell only part of my mortgage note?

Yes. A partial sale allows you to receive a lump sum now while keeping future payments. This is often used for retirement planning or to reduce risk while maintaining long-term income.

6. What types of notes do you buy?

We commonly purchase:

• Seller-financed mortgage notes
• Land contracts and contracts for deed
• Balloon payment notes
• Probate and inherited notes
• Divorce settlement notes
• Modified or restructured notes
• Notes with late payments

7. What determines the value of my mortgage note?

Pricing is based on:

• Property value and equity
• Payment history
• Interest rate
• Remaining term
• Borrower performance
• Property location and condition

Lower-risk notes typically receive higher offers.

8. Will selling my note affect the borrower?

No. The borrower’s loan terms stay exactly the same. The only change is where they send their monthly payment. There are no penalties or interest rate changes.

9. Does the borrower need to approve the sale?

No. Mortgage notes can legally be assigned without borrower approval. The borrower is simply notified where to send future payments.

10. Can I sell an inherited or probate mortgage note?

Yes. Notes received through inheritance or probate are commonly sold to distribute estate assets or convert payments into cash.

11. Can I sell a mortgage note from a divorce settlement?

Yes. Notes created through divorce or property settlements can usually be sold, even when the terms are unique.

12. What documents are needed to sell a mortgage note?

Typically required:

• Copy of the note and mortgage or land contract
• Payment history
• Property address
• Current balance and payoff amount

Additional documents may be requested depending on complexity.

13. Can I sell a mortgage note with a balloon payment due soon?

Yes. Balloon payment notes are frequently sold before the due date to avoid refinancing risk or borrower default.

14. Are there any fees or obligations to get a quote?

No. We provide free, no-obligation reviews. There are no credit checks and no requirement to proceed.

15. Can I sell a mortgage note if the property is rural or in a small town?

Yes. We buy notes secured by properties in large cities, small towns, and rural areas nationwide.

16. Is selling a mortgage note legal?

Yes. Mortgage notes are legally transferable financial instruments and have been bought and sold in the secondary market for decades.

17. Why work with a private note buyer instead of a bank?

Banks rarely purchase privately created notes. Private buyers specialize in seller financing and can review situations involving late payments, modified terms, or balloon structures.

18. What is the first step to selling my mortgage note?

Simply provide:

• Property location
• Remaining balance
• Monthly payment and interest rate
• Any known payment issues

We will review the note and provide options within 24–48 hours. Start by filling out the below form.

Sell Your Mortgage Note for Cash – Nationwide

If you’re ready to turn your real estate note into a lump sum of cash, request your free review today. We buy notes across the U.S. and provide clear options with no pressure and no obligation.