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Owner Financed Mortgage

We Purchase Owner Financed Mortgage Notes

Private Mortgage Notes, or as they are sometimes known, Owner Carry-Back Mortgages, are mortgage-backed promissory notes that are the result of a seller of a single family home, condominium, multi-family residence or other residential or commercial building providing some degree of finance to the new buyer of the dwelling at the time of closing. They can be for the full amount of the mortgage on the sale (first position notes) or can be for a portion of the mortgage (second position notes) behind a traditional first mortgage lender. Historically, Private Mortgage Notes have been excellent investments but periodically, holders do need to sell for a variety of reasons including…

Owner Financed Mortgage

Attention!   

Commercial Real Estate Professionals and FSBO Sellers

In today’s challenging real estate market and economy, Private Owner Financed Mortgage Notes are becoming more widely used and commonplace in real estate sales and can often provide the catalyst to get the deal done. Many sellers would prefer not to hold mortgage paper for lengthy periods of time, however. Before you structure your deal, think of your “exit strategy”. Contact us regarding how to make your Private Owner Financed Mortgage Note attractive for resale at a later date if necessary.  

Free QuoteFor a confidential quote on an existing mortgage note, simply complete our short online form. (see Below) or optionally, download and complete one of our printable (PDF) Quote Sheets and fax it to our offices.

 

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Owner Financed Mortgage Information Worksheet

About Cenric Group

Our experienced contract buyers are experts in the purchase of all types of consumer installment contracts. If you're in the need of a LUMP SUM CASH OUT of any cash flow contract, contact us TODAY for a no-obligation consultation and confidential note or note portfolio quote.

Contact Information

Cenric Group

332 South Michigan Avenue
Suite 1032-C287
Chicago, IL 60604

Toll Free: 800-526-8441
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

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