Unlock the Value of Your Mortgage Note
Discover Your Cash Options Today!
Looking to turn your mortgage note into immediate cash?
Whether you’re looking to sell your entire mortgage note or just a portion, we offer customized solutions that fit your financial needs.
Get a free, no-obligation quote within 48 hours.
Who am I
Jerome D. Westbrook (NMLS# 2545328)
I am a Senior Loan Officer, licensed in all 50 states, with over 30 years of experience in the real estate and mortgage industry.
My expertise lies in creating and investing in owner-financed notes.
Alongside my team, I specialize in buying, selling, and creating mortgage notes, as well as purchasing properties directly from landlords seeking to maximize their returns.
My goal is to provide tailored, transparent, and efficient solutions!
Ready to turn your mortgage note into cash or explore creative financing options?
Schedule an appointment today for a
free, no-obligation consultation.
Let’s discuss how to maximize the value of your mortgage note or property.
Whether you're interested in a full or partial note sale, my team and I are here to offer expert guidance and tailored solutions to help you achieve your financial goals.
Full Note Purchase
Learn how selling your entire mortgage note can give you immediate cash and eliminate future risks. Watch the video to see how the process works!
When you sell your full mortgage note, you receive a lump sum payment that replaces your monthly installments.
This option is perfect for note holders who are ready to cash out now without the hassle of managing payments or worrying about non-payment risks.
We assess the note’s balance, interest rate, and payment history to provide a fast and fair offer. Once you agree, you get your cash quickly, and we take care of the paperwork and future payments.
Immediate Lump Sum Payment: Receive a one-time cash payment for your entire mortgage note, giving you quick access to funds.
No More Borrower Risk: Eliminate the worry of late payments or default by transferring all future payment obligations to us.
Hassle-Free Process: We handle all the paperwork and transaction details, ensuring a smooth and stress-free experience.
Maximize Financial Flexibility: Use your cash payout for new investments, paying off debts, or funding personal projects.
Partial Note Purchase
Discover the flexibility of partial note sales—get cash now while still receiving future payments. Watch the video to find out how!
With a partial note sale, you keep some of the future payments while still receiving cash upfront.
This allows you to access some liquidity now without giving up your entire income stream from the note. We’ll purchase a specific number of payments from your note, and once those are completed, the payments revert back to you.
This is an ideal solution for note holders who want flexibility—cash now,
but continued income in the future.
Keep Future Payments: Unlike a full note sale, you don’t lose the entire value of the note. You sell a portion now but still retain payments in the future, ensuring long-term financial security.
Customized to Fit Your Needs: A partial note sale is highly flexible. You can choose how much of the note to sell based on how much cash you need now. Whether you want to sell the next 12 payments or the next 5 years of payments, you remain in control of your note.
Reduce Risk, Keep Control: A partial sale allows you to transfer some of the risk associated with non-payment while retaining a portion of the note. It’s ideal if you want to minimize risk but still want income down the road.
Immediate Cash Flow: With a partial sale, you receive an immediate lump sum for the payments you sell. This helps you take care of urgent financial needs or allows you to reinvest the money in new opportunities.
Quick and Simple Process: The process for a partial note sale is just as fast and easy as a full sale. You’ll receive a cash offer quickly, and once accepted, we’ll handle all the paperwork, ensuring a smooth transaction.
Why Choose a Partial Note Sale?
A partial sale allows you to keep a portion of your income stream while still accessing the cash you need today.
It’s perfect for note holders who want to maintain future payments
while taking care of immediate financial needs.
Customizing a Partial Note Sale for Your Unique Situation
A partial note sale is not a one-size-fits-all solution—it’s designed to be flexible based on your financial needs. Here’s how you can tailor it to suit your situation:
Select the Number of Payments to Sell:
If you need a large sum of money now, you might sell several years' worth of payments. If you only need a smaller amount, you can sell just the next few months' payments. The choice is yours.
Determine Your Cash Needs:
Your partial sale can be designed around how much cash you need today. We’ll work with you to provide a fair offer based on the number of payments you're willing to sell and the value of the note.Maximize Flexibility:
If you’re unsure how much of the note you’d like to sell, we can help you explore your options and find the perfect balance between liquidity and future income.
Example of a Partial Note Sale in Action:
Imagine you hold a note with a $100,000 balance and monthly payments of $1,000 for the next 10 years.
You need $30,000 for a new business investment but don’t want to lose your entire income stream from the note.
With a partial note sale, you could sell just the next 30 monthly payments to receive a lump sum now.
After 30 months, the payments would return to you, and you’d continue to receive the remaining payments from your note.
This approach allows you to access the cash you need while keeping the long-term benefits of owning the note.
Frequently Asked Questions: Get Clear Answers About Selling Your Mortgage Note
What is a mortgage note?
A mortgage note is a promissory document where the borrower promises to repay the lender a specific amount of money, usually with interest, over a set period. When you sell a property and offer seller financing, you create a note that outlines the terms of the repayment.
Why should I consider selling my mortgage note?
Selling your note allows you to receive a lump sum of cash instead of waiting for monthly payments over time. It eliminates the risk of non-payment, missed payments, and the hassle of managing the note. It's also a way to immediately access liquidity for personal or business needs.
What is a Full Note Sale?
You sell the entire note, meaning all future payments are assigned to the buyer. You receive a lump sum of cash up front and are no longer responsible for managing the note.
What is a Partial Note Sale?
You sell a portion of the note—usually the next few years' worth of payments—while retaining future payments. This allows you to access cash now without giving up all future income from the note.
How quickly will I receive my money after selling my note?
The process typically takes between 7-14 days, depending on the complexity of your note. Once you accept the offer and all paperwork is completed, you'll receive your funds via wire transfer or check.
What factors affect the value of my note?
The value of your note depends on several factors, including the unpaid balance, the interest rate, the borrower’s credit history, and the property’s location and value. We will assess all of these factors when providing you with a quote.
Are there any costs or fees involved in selling my note?
No, we cover all transaction-related costs. The offer you receive is the amount you’ll get paid with no hidden fees or surprises.
Is it safe to sell my mortgage note?
Yes, our process is safe and transparent. We provide a contract outlining all terms, and you’re encouraged to review it with your legal or financial advisor. We also follow strict guidelines to ensure the safety and privacy of your information.
What types of notes do you purchase?
We purchase residential, commercial, and land notes, as well as contracts for deed and deeds of trust. If you’re unsure whether your note qualifies, contact us for a free consultation.
Can I sell my note if the borrower has missed payments?
Yes, even if the borrower has missed some payments, we may still be able to make an offer. Contact us with details, and we’ll evaluate your situation.
What happens to the borrower when I sell my note?
The borrower will be notified that the note has been sold, and they will continue to make payments to the new note holder (us). There are no changes to their payment terms unless specified in the contract.
Testimonials and Case Studies
“Working with Jerome was a game-changer. I was able to sell my mortgage note quickly and get the cash I needed to invest in my business. The process was seamless, and Jerome’s expertise made me feel confident every step of the way.”
— John D., Massachusetts
Case Study 1: Full Note Sale
Client
David M., Connecticut
Scenario
David had a mortgage note with a balance of $150,000 and wanted to cash out to invest in a new property.
Solution
After a consultation, Jerome provided a fast, fair offer for the full note purchase, allowing David to receive his cash in just 10 days.
Outcome
David was able to invest in a new property and no longer had to manage monthly payments or deal with borrower risks.
“I didn’t know much about selling a mortgage note, but Jerome explained everything clearly. I was able to sell part of my note, keep my cash flow, and still get some upfront cash. Couldn’t have been happier with the outcome!”
— Sarah T., California
Case Study 2: Partial Note Sale
Client
Linda K., Texas
Scenario
Linda was looking for liquidity but didn’t want to sell her entire note. She had $250,000 remaining on the note with 15 years left.
Solution
Jerome worked with Linda to sell the next five years of payments while keeping the remaining balance intact.
Outcome
Linda received a lump sum of $75,000 upfront and will resume receiving payments after the five-year period ends, maintaining her long-term financial goals.
So, what’s next
To ensure a smooth process, it’s a good idea to gather the following documents:
The Promissory Note: This document, signed by the borrower, is essentially an IOU that outlines the loan terms, repayment schedule, and interest rate.
The Closing Statement: This will show the property address, sale information, and the down payment amount, providing a clear record of the transaction.
Payment Records (if applicable): If you’ve used an outside servicing company to collect payments, request a record of when payments have been made. They can typically print and email this to you.
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Phone: (413) 271-7961 Email: [email protected]
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