Paper Assets Capital is an investment firm specializing in the acquisition of land contracts and trust deed and mortgage notes that are secured by real estates.
- We pay top market value for:
- Performing notes - 1st and 2nd lien position
- Non-performing notes -1st and 2nd lien position
- Commercial notes - 1st lien position
- Bulk portfolios of performing 1st lien position notes - (must be in direct contact with the sellers-no daisy chains)
- Lottery winnings/casino jackpots
- Hard-to-place mortgage notes (preferable in Texas, but open to all states)
- Mobile homes with land
- Business notes
- and more!
Key factors that are used to determine pricing for a quote:
- Sales price
- Down payment (actual CA$H that was given)
- Seasoning of the note (prefer 6 months, but will consider purchasing after two paid payments)
- Property location
- Property market value and the comps
- Borrower(s) credit score (are they current, made late payments, etc.)
- Will consider purchase of mortgage note, even with a low credit score of 555
Quote for an Individual Note
Complete this Online Quote Request Form and we will
make every effort to get you information on any note ASAP.