As the holder of an owner-financed mortgage, perhaps you have experienced a similar situation like the following; when it was time to sell your mortgage note, the buyer was only interested in purchasing the note at a discount. It seems odd that the buyer would only...
You may wonder who owns your owner-financed mortgage after you sell your note to American Equity Funding (AEF) or other mortgage-buying companies. Following the purchase, we (AEF) have note ownership and receive the payments. In many cases, however, it is in our...
I want you to know that it has been an excellent process working with you all. Initially, I wasn’t sure what kind of company could potentially be interested in purchasing this note – it’s not something that anyone I know has ever dealt with! So, I found your company...
In June 2017, we sold mortgages to American Equity Funding, Steve Whitlock. I am pleased to say that we were treated fairly, and the transaction was very smooth. The payment was immediate, and the staff was very helpful in walking us through the required paperwork....
