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Updated about 6 years ago on . Most recent reply

I’m looking for reputable full service mortgage note company..
Hi,
As I’ve mentioned on a coupld of previous posts, I’m very interested in 1st position, performing mortgage notes....especially notes in Texas. I am trying to find a reputable note company that will walk me through the entire process and also service the note. Do you guys have any recommendations? I’m also considering purchasIng a partial but want to be sure I understand what would happen the borrower stopped makIng payments. I understand the process when I own the entire note but am not certain what would happen owning a partial. Thanks!
Thanks,
Shea
Most Popular Reply

I do not think any note servicers have the time to teach. I know I wouldn't recommend any because I'd rather them focus on servicing my notes. If you want to learn about the process, you should ask here or find a mentor. Don't bother your vendors with education stuff.