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Now that you have read our Welcome above, it is important to know how to work together.

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 FREQUENTLY ASKED QUESTIONS: 

1.  REGISTRATION:

• Your registration with us is not necessary. 
• The first time you submit a financial instrument to us, your name and contact information is recorded along with the instrument information, date and time you presented the note according to our PRESENTATION REQUIREMENTS below.

2.  FINANCIAL INSTRUMENTS WE CAN BUY:

• In the third column to the right you will find the types of Financial Instruments we can currently buy followed by our basic criteria for each.
• It is important to check  the third column frequently because the criteria changes due to market conditions.

3.  FINANCIAL INSTRUMENT PRESENTATION:

•   Presenting a Financial Instrument for a cash quote is easy. 

• It is mandatory to simply complete our online Information worksheet located at CASH-PURCHASE-QUOTATION REQUEST or click on your instrument type in the column to the right.  Accuracy of information and financial data asked about the financial instrument is critical to correctly value and price an instrument.

• Once you have completed the worksheet, your name (as you entered in the field 'Name:') will be  recorded with that instrument 

• The first Broker presenting a complete note worksheet is recorded as Broker of Record for that instrument.

• It is important to know we provide the same quote to the first four Brokers presenting the same instrument, in complete worksheets.  

4.  PRESENTATION REQUIREMENTS:

• You must be in direct contact and sale agreement with the actual Financial Instrument owner. 
• If you are one step removed from the instrument owner, you must have a provable presentation and fee agreement with the party you got the note from who must have a written sale agreement with the owner. 
• No Broker Chains.  Why?  Broker Chain deals never close.
• Presenting a Financial Instrument to us requires total completion of our Online Cash-Purchase-Quotation Request Worksheet. 
• The single most important worksheet answer is the PAYOR  CURRENT THREE CREDIT SCORES. 
• Without credit info you will receive a 'Preliminary' or 'Subject To  Credit Score' Quote.  Why?  Think about it as an Investor! 
• We cannot record nor respond to incomplete note information worksheets.

5.  FEE

• The first Broker delivering a instrument owner signed quote acceptance wins.
• Your Broker or Finder fee is determined by you on almost all submited financial instruments.
• We will present you with a Cash-Purchase-Quotation to buy your presented note according to the included 'Subject To' provisions included with the quote. 
• If you told us in the completed worksheet Comments section that you wanted us to perform all the contact, negotiation and closing with the note owner, your fee is what YOU also state there and is then stated again in our emailed quotation to you. 
• If you told us you wanted to perform all the negotiation and work required to close the deal, your fee is the difference between our wholesale quote to you and the net quote you provide your note owner client. 
• Either way, you will receive a check from us.  Simple!

6.  MY NOTE OWNER SAYS HE/SHE HAS A HIGHER PURCHASE QUOTE?

• If your Instrument Owner says he/she has a higher priced quote  simply ask for written, signed proof.
• Once you have written proof, just email or fax it to us at private@notefundingcenter.com or Fax: 888-642-3997 attaching the written proof.  We will evaluate it and tell you everything you need to know...  including a better price and terms if possible.  Remember, price is just one of many reasons for a note owner to select you as their Note Broker.  We are here to help you!

6.  QUESTIONS?

• Who do I call or email if I have questions?
• Call Dave at 858-964-0973 or dc@notefundingcenter.com.  Dave is our founder and involved with every transaction.  Plus he is a 35 yr. veteran of the Note Buying Industry, considered an industry authority, speaks, writes, teaches and publishes.  He can help improve your skills and enhance your income.

Present your Client's Financial Instrument by clicking on it's  Type below:

• Real Estate Note, Mortgage or Contract

• Business Note or Contract

• Land Note, Mortgage or Contract

• Mobile Home with Land Note, Mortgage or Contract

FINANCIAL INSTRUMENTS WE CAN BUY plus Basic Requirements.  As of November 2011.

NOTE:  As a leading, 35 yr old, Note Investor in the US, we can tell you that the note payor's current credit scores and history directly impact the amount of cash we can pay for a financial instrument.  Knowing your debtor's/payor's credit scores is a creditor's Federal Legal Right, at all times and without payor consent.  Your creditor client can obtain his payor credit scores at http://www.freecreditreport.com The scores question is asked on our note quote request worksheet. 

 1.  REAL ESTATE NOTE, MORTGAGE , DEED or CONTRACT (Single and Multi Family and Commercial property):

• 2nd position Notes Basic Requirements:
  • CURRENTLY NOT BUYING 2nd POSITION NOTES.

 2.  BUSINESS NOTES Basic Requirements:

• First position Note with or without Real Estate
• Minimum 27% cash Business sale Down Payment
• Minimum $50,000 Note current Unpaid Balance
• Maximum $500,000 Note current Unpaid Balance
• Minimum 3 months Note seasoning
• Minimum 630 current mid credit score
• Personal Guarantee
• Provable Note and Business performance
• Business Net Profit greater than 2 times Note payment
• No Interest Only or Balloon Notes

3.  LAND NOTES, MORTGAGES AND CONTRACTS Basic Requirements:

• Land must be Improved (Titled, Utilities on or to Property line)
• Minimum $25,000 Note current Unpaid Balance
• Maximum $300,000 Note current Unpaid Balance
• Maximum 65% LTV
• Minimum 35% cash Down Payment
• No Note or Deed Release Clauses
• Minimum 620 current mid credit score

4.  MOBILE HOME NOTE, MORTGAGE OR CONTRACT WITH LAND Basic Requirements:

• Mobile Home Note must include the Land
• Double and Triple Wide Mobile Homes  plus over 15' wide Singles only
• Minimum $25,000 Note current Unpaid Balance
• Minimum 15% cash Down Payment
•  Minimum 620 current mid credit score
• Maximum 60% LTV

5.  SIMULTANEOUS CLOSE NOTE Basic Requirments:

• Currently not buying any simultaneous close Notes 

6.  NOTE and REO PORTFOLIOS Basic Requirements:

• Submission ONLY by portfolio owners or authorized compilers, servicing companies or licensed traders. No brokers, finders, intermediaries
• We buy Real Estate Mortgage Note Portfolios that are Non-Perfoming or Performing 1st and 2nd position Notes and REO's
• $10M to $500M
• Call Dave at 858-964-0973 for submission and process details

 7.  STRUCTURED SETTLEMENTS and ANNUITIES Basic Requirements:

• Court ordered Structured Settlements.
• Court ordered or personal Annuities
• Minimum $25,000
• No Maximum amount
• Must have a defined payment schedule
• No Government or Military