Performing 1st Position Mortgage Note – Texas

Houston, TexasHaveNotes: Performing
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Performing 1st Position Mortgage Note – Texas

Member since 2026 Β· 8 posts Β· 1 vote

πŸ”’ Address withheld until NDA/referral agreement is signed

Asset Type: Performing 1st lien – Single Family Residence

State: Texas (Bexar County)

Occupancy: Owner-occupied

Lien Position: 1st

UPB: ~$163,742

Interest Rate: 7.5%

Monthly P&I: ~$1,234

Payoff: ~$164,000

Maturity: 2049

Payment History: Strong (0Γ— late)

Docs Available: Pay history, note, mortgage, payoff, borrower info

Seller Motivation: Light liquidity need, willing to transact quickly.

Ideal Buyer: Performing note investors experienced with Texas assets.

πŸ’¬ If interested, comment β€œINFO” or DM me with your email.

πŸ“ Full address & full file released after referral/NDA signing.

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  • Investor Β· Member since 2024 Β· 181 posts Β· 63 votes
    7mo

    @Yared Mengistu hopefully you got this 3rd party underwritten.  At 7.5 (Close to bank rates) expect a discount even though its strong pay history.  Unless your term is 15 years.  We been buying notes for 15+ years.  Due to the 7.5 rate and 30 years expect a discount at around 30%.

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