A note is a promise from a borrower to pay a sum of money plus interest over time to a lender/holder usually in periodic installments.  

@Glenn Mayo You wouldn't be able to use a note for the downpayment in any conventional financing as the lender doesn't want the downpayment to be borrowed.  

Again look here on BP and to your REIAs for recommendations and referrals for good title companies.Also, any proceeds from the sale go to junior liens and then to the borrower.  

After reading everyone's replies it appears even though 2016 has 2004 prices, 2016 has cheap money to borrow which 2004 did not.

. $1,000 to borrow your $5,000) and not the previous.

While the impact of the hike was not all that loud, there is one there and it will be a slow grind on consumption of product as borrowing costs start to inch up.

So I got creative and borrowed it from a friend with money.

I charge 3 points and 12%...For some of my repeat borrowers, I'm the "best" rate they can get...For others, I'm not, and they only come to me when their other lenders can't/won't do the deal. 

@Benjamin Blackburn, do these lists take into account OTHER Liens besides borrowings?

Some banks won't loan outside something they can drive to and some won't lend to an out of town borrower.