DO YOU WANT OR NEED CASH NOW?

ARE YOU TIRED OF COLLECTING PAYMENTS?

DO YOU WANT TO LIQUIDATE AN ESTATE OR PARTNERSHIP?

 You Can Sell Your Mortgage Note For Cash!

QUESTIONS OFTEN ASKED

 

Why should I sell my Mortgage or Note?

Sometimes a seller acquires a note in lieu of the cash actually desired during a transaction. Many notes will eventually pay off if they are retained long enough. In the case of Real Estate Mortgages or Agreements, late payments, tax problems, insurance liabilities, the hassle and expense of possible foreclosure may require too much service for the noteholders. Even when these problems do not arise, many people would really prefer to have cash.

What are other common reasons for selling?

• To pay off debts which are at higher interest rates,  Tax benefits           

• To invest in business, stocks, other real estate or ventures from which you expect greater benefits  To remodel your present home

 Take a vacation

Pay for tuition

Make a major purchase, such as a car, boat or vacation home

• You are tired of collecting small payments

• Satisfy a note necessary for a divorce settlement

• To settle estates and provide for relatives unable to service a Mortgage

If I convert my Mortgage to cash, how will it affect the person making the payment?

The only change will be to whom and where future payments are sent. All terms and conditions set forth in the original note and mortgage remain in force.

How long will it take to receive funds?

It generally takes ten to fifteen days for you to get cash in hand.

Will I incur out-of-pocket expenses to complete the sale?

Most transactions do not incur any expense to the noteseller.

How much will I receive for my Mortgage,

Agreement or Note?

About 90 to 95 per cent of your current balance. Our purchases are based upon your need and current yield requirements.

Can I sell a portion of my Mortgage or Note?

Yes, in many cases it is not necessary for you to sell the entire note. We will structure our purchase to suit your needs.

How do I get started?

We'll need to review a copy of your promissory note, your mortgage, closing statement and sales contract if available.

When you call us we will be happy to explain your options and handle all the details necessary to make your sale a quick and easy one. Call 601-8537841, Fax us at 601-853-7673 or mail us at:

Delta Mortgage and Funding LLC

1888 Main Street Ste. C # 181  Madison, MS 39110