Texas Note Buyer 940-268-5850

Listing sitting? Don't cut the price.

Sell fasterand at full price.

Buyers who can't qualify for a bank loan will pay full price for your house if you offer seller financing. We buy the note when you close, so you walk away with cash.

Start a Quick App Text 940-268-5850

Widen the pool instead of cutting the price

Your $500,000 house appraises at $500,000, but it isn't moving. Instead of dropping the price, open the door to buyers who can afford the payment but can't get traditional bank financing.

The usual move

Drop the price

  • Still only cash and bank-approved buyers
  • Every cut lowers the comps in your area
The better move

Widen the pool

  • Sell at the full appraised value
  • Help the buyers the bank turns away
  • Support home values in your area
  • Close in 30 days or less

Buyers who can afford the house but can't get a bank loan

The buyers subprime loans used to serve, which banks no longer make. Buyers still need a 600+ credit score and documented ability to make the payment, but documentation can be flexible.

  • ITIN borrowers
  • Self-employed, bank-statement income
  • 1099 and commission income
  • Under 2 years on the job
  • Thin credit file
  • Past derogatory credit items
  • Down payment that can't be sourced and seasoned

You set the terms. We buy the note.

Example terms: 10% down, 10% to 12% interest, 30 years, no balloon, no prepayment penalty and no mortgage insurance.

Example scenario

Sales price
$500,000
Down payment
$50,000 (10%)
Note
$450,000
Rate and term
10%, 360 months
Monthly payment
$3,949.07
Mortgage insurance
None
Balloon
None

What we could pay you for the note Call for pricing Send us a Quick App and we'll price the note before you commit.

What makes a note worth the most

  • Down payment. 10% minimum, 20% preferred.
  • Buyer credit. 600 minimum, 680 preferred. Have your buyer fill out a Quick App before you sign.
  • Interest rate. 10% to 12%, with no prepayment penalty.
  • Term. 30 years, fully amortizing, no balloon.
  • Disclosures and ability to pay. RMLO disclosures and ability-to-pay documentation are required before closing on every sale.

Example for illustration only. Texas Note Buyer is not a lender and is not offering financing. Any seller financing is offered by the property seller, who sets the terms. Any price we quote for a note is indicative, not an offer, and is subject to appraisal and underwriting.

What we need before closing

  • Buyer's Quick App
  • RMLO disclosures
  • Ability-to-pay documentation
  • Full appraisal
  • Title commitment
  • Earnest money contract
  • Insurance binder

How it works

  1. Send a Quick App

    Enter the property and terms, then send your buyer the link. We tell you what we can pay before you sign.

  2. Close the sale

    Close at your title company in 30 days or less. The note is assigned to us at closing without recourse.

  3. Get paid at closing

    You get your cash and you're done.

Start a Quick App

Agents and sellers

Enter the property address and the terms you're offering. You'll get a private link to send your buyer. Their personal information comes straight to us, so you never have to handle it.

Enter property and terms

Buyers

If your agent sent you a link, use that one. Otherwise, start here and we'll get the terms from the agent or seller.

Fill out a Quick App