YOUR MORTGAGE NOTE BUYERS
Dorel Note Traders is a team of seasoned real estate experts with over 50 years of combined experience. Having gained insights through numerous market cycles, our extensive background has forged the exceptional service our clients receive today.
We specialize in buying a diverse range of assets, including residential, commercial, performing, and non-performing notes.
Our experts have the knowledge and resources to analyze each note’s unique qualities to provide you with an accurate offer. Our goal is to make the note-selling process as easy and seamless as possible,
FIND OUT WHAT YOUR NOTE IS WORTH!
WHAT IS MY NOTE WORTH?
There are a lot of factors that go into determining the value of a mortgage note. Specifically, factors such as loan amount, loan term, the type of property, lien position, and loan status can all impact the value of a note. Additionally, whether or not the note performing is a significant factor. Dorel Note Traders gladly buys delinquent loans. Obviously, getting a borrower back into an active status can affect the price of the note simply because it is more work.
Notes with more mature seasoning that possess a higher loan interest rate and/or shorter term will fetch a higher price, as these are more valuable in the marketplace.
The best way to see what Dorel Note Traders can offer is to submit loan information for a quote. It’s really that easy.
- Is the note performing?
- What is the interest rate?
- How long is the loan term?
TYPES OF NOTES
NON-OWNER OCCUPIED
These are single-family homes that in good condition, vacant, rentals, or fixers.
MULTI-FAMILY
Rental units such as duplexes, multiplexes, and apartments. These can be cash flowing or a non-performing asset.
COMMERCIAL
These range from apartment complexes to office buildings to retail buildings.
PERFORMING & NON-PERFORMING
These notes can be in good standing in terms of payments, or the borrower might be delinquent.
WHY SELL YOUR NOTE?
No More Borrower Management
There are a few reasons to sell your note. Note holders make their money through loan payments, which at times can create their own issues. For example, the borrower can fall into default with their loan payments, meaning no money for the note holder. In cases like these, the note holder has a couple of options, such as:
- Foreclose on the borrower
- Work with the borrower to get current
Both of these options take time and money.
Sometimes this is more than the note holder wants to deal with and one of the reasons Dorel Note Traders was created.
TAKE ADVANTAGE OF NEW OPPORTUNITIES
Investors know when their cash is tied up in properties, they are not liquid enough to take advantage of opportunities that might present themselves. Do you have other projects to pursue, such as other investments or starting a business? Selling your note frees up capital so you can take action on these new opportunities.
PAY FOR LIFE’S “EMERGENCIES”
It happens to everyone, those unforeseen bills or needs that seem to out of nowhere. These might include medical bills or lingering debt. Some couples on the verge of retirement might want to consolidate their investments for easier management and cash flow. These reasons are both common and personal for everyone. Selling a note frees up monies to address changes in life. Selling just SOME of the payments can get you a quick CASH ADVANCE while you keep the note!
WE MAKE SELLING NOTES A BREEZE!
