It is important to understand the concept of private mortgage. Browse this site http://www.us-funding-solutions.com/ for more information on private mortgage buyer. Low interest rates have pushed up the prices of property and therefore also the amount required for down payment. Private mortgage insurance bails out the homebuyers. it covers the mortgage company if the borrower is not able to pay the due amount. Henceforth, opt for the best private mortgage buyer. Follow us http://sellprivatemortgage.tumblr.com/

1. Private Mortgage
Note Buyer
U.S. Funding Solutions are
buyers of private mortgages,
aka buyers of owner financed
mortgage notes and Deed of
Trusts.

2. Private Mortgage Buyer
We pride ourselves in providing the best commercial bridge loans available
for your particular situation and the best pricing and service if you wish to
sell a private mortgage note and the note's security, the trust deed. Buyers
of private mortgages purchase private mortgages at a discount. That
discount is dependent on 2 primary factors, 1) The perceived risk of the note
and 2) the terms of the note. Let me elaborate on each of these factors.

3. Private Mortgage Buyers
The perceived risk. Withing this factor are 3
elements when combined determine a private
mortgage purchaser's perceived risk. They are
a) The amount of down payment and/or equity,
b) The credit of the borrower(s) and c) The
perceived marketability of the property should
the note buyer have to take posession of the
property. These elements determine what a real
estate note buyer uses as the discount rate to
apply to the future cash flow. The terms of the
note or what I like to say, the pure math of the
deal. This element is more about numbers than
perception as the discount rate determined
above is applied to the future payments to
"discount the future payments to a dollar amount
today". In this note discounting, the shorter the
amortization period and higher the interest rate,
the lower the discount amount to the note seller.

4. Sell Private Mortgage
If you are considering selling a property through owner financing, please keep the
following in mind. 1) Get as large down payment as possible. This not only lowers
the discount to you should you ever want to sell a private mortgage note but it
lowers the amount you will take a discount on as 100% of the down payment goes
into your pocket. 2) Charge an above market interest rate. Remember you are in the
drivers seat and the buyer most likely can't get bank financing. Aim for 3 to 5%
above the prevailing mortgage rate. 3) Have the buyer provide you with a tri-merge
credit report. Knowing their credit scores and history helps you in negotiating the
terms.

5. Private Mortgage Note Buyer
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