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Updated over 11 years ago on . Most recent reply

User Stats

5
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0
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Mona Smith
  • Investor
  • Sacramento, CA
0
Votes |
5
Posts

Doc needed to purchase private whole loans

Mona Smith
  • Investor
  • Sacramento, CA
Posted

Anyone have the docs needed to purchase private party whole loans? These loans are not being purchased through a bank... If not can someone point me in the right direction?

I think I need a Mortgage Note Purchase and Sales Agreement and a Mortgage Assignment Agreement along with my simple assignment contract which I already have... Just looking for the first 2 docs and trying to confirm these are the correct docs needed.

I will be purchasing the loan at a discount and wholesaling it to another investor.

Thanks

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