Who Buys Mortgage Notes?
Mortgage notes can be sold to private buyers. Quickity Closers is a trusted private mortgage note buyer offering a fast, friendly, and transparent process. While large institutions like banks and hedge funds also purchase mortgage notes, they typically do so in bulk and rarely work with individual sellers.
Why Can’t I Sell My Mortgage Note to a Bank?
Oftentimes big financial institutions don’t have the flexibility—or interest—to buy individual mortgage notes. Instead, they purchase bundled notes on the secondary mortgage market with similar characteristics (interest rates, loan terms, etc.). If you’re selling a single note, you’ll need a private buyer like Quickity Closers to help you unlock its value.
How Do I Sell My Mortgage Note?
It starts with a free quote from Quickity Closers. We typically respond within 24 hours. If you accept our offer, we begin the sales process, which usually takes less than 30 days. During this time, we verify the property’s title and assess its value. We cover all due diligence costs.
Want a deeper look at the process? Check out our article: Can You Sell a Mortgage Note?
Why Does the Quote Take 24 Hours?
Once we receive your note and property details, our underwriters begin a preliminary evaluation. They use automated valuation models to estimate property value and assess the local economy, crime rates, and rental comparisons. They also review the promissory note to ensure everything balances.
Evaluating a mortgage note isn’t just data—it’s judgment. It’s more art than science, and we take the time to get it right.
What If I Decide Not to Sell?
No problem. Your quote is 100% free and comes with zero obligation. While we do incur costs during the evaluation, we consider that part of doing business. We may ask if we can follow up in a few weeks, but if you’d prefer not to be contacted again, we’ll respect your wishes.
Why Sell to Quickity Closers?
At Quickity Closers, we pride ourselves on offering a fast, friendly, and informative experience. We make sure our clients understand their options and feel confident throughout the process. Our goal is to create win-win outcomes—never using high-pressure tactics.
We’ve all dealt with big institutions that treat customers like numbers. That’s not how we operate. We value relationships and take pride in being a solution to your financial needs. Our team works diligently to ensure you have the best possible experience when selling your mortgage note.
Ready to Get Started?
Call us at 1-855-QUICK-11 (1-855-784-2511) or answer a few quick questions on our website to receive your free mortgage note quote.
