How do I sell my mortgage note?

Contact JKP Holdings with your note details: the property address, current unpaid balance, interest rate, and payment history. We review the file and provide an offer within 24 hours. There are no upfront fees and no obligation to accept.

What types of mortgage notes does JKP Holdings buy?

JKP Holdings buys performing and non-performing first and second position notes secured by residential and commercial properties nationwide. We also buy note partials and wraparound notes.

How long does it take to sell a mortgage note?

Most note sales close in 30 to 45 days after the purchase agreement is signed. The timeline depends on how quickly title work, property appraisal, and loan document review can be completed.

How is the value of a mortgage note determined?

Note value depends on the remaining unpaid balance, payment history and consistency, interest rate, the property's loan-to-value ratio, borrower credit, and how long the note has been seasoned. Performing notes with a strong payment history sell at smaller discounts than non-performing notes.

What is the difference between selling the full note and a partial?

A full note sale transfers all future payments to the buyer in exchange for a lump sum now. A partial note sale transfers only a set number of future payments. You receive a lump sum now and get the remaining payments back after the partial period ends.

Can I sell a non-performing mortgage note?

Yes. JKP Holdings buys non-performing notes at a deeper discount than performing notes. Even if the borrower has stopped paying, we can still make an offer based on the property value and our plan to resolve the default.

What information do I need to provide to get an offer on my note?

To get a preliminary offer, we need the property address, current unpaid balance, original loan amount, interest rate, monthly payment, payment history (on-time vs. late payments), and the name of the borrower. Copies of the note and mortgage are needed for final due diligence.

What is a wrap note, and can I sell it?

A wrap note is a seller-financed loan that wraps around an existing underlying mortgage. The note seller collects payments from the buyer while still owing payments on the original loan. JKP Holdings buys wrap notes, though they require additional due diligence on the underlying financing.

Will I owe taxes when I sell my mortgage note?

Potentially yes. The tax treatment depends on how you originally financed the property, how long you have held the note, and your cost basis. Consult a CPA familiar with installment sales before signing a purchase agreement.

Do I need an attorney to sell my mortgage note?

It is not required, but some sellers consult an attorney, especially for larger note balances. JKP Holdings handles the paperwork on the buyer side and works with experienced note transaction companies to make the closing process straightforward.

How do I sell my mortgage note?

Contact JKP Holdings with your note details: the property address, current unpaid balance, interest rate, and payment history. We review the file and provide an offer within 24 hours. There are no upfront fees and no obligation to accept.

What types of mortgage notes does JKP Holdings buy?

JKP Holdings buys performing and non-performing first and second position notes secured by residential and commercial properties nationwide. We also buy note partials and wraparound notes.

How long does it take to sell a mortgage note?

Most note sales close in 30 to 45 days after the purchase agreement is signed. The timeline depends on how quickly title work, property appraisal, and loan document review can be completed.

How is the value of a mortgage note determined?

Note value depends on remaining unpaid balance, payment history, interest rate, property loan-to-value ratio, borrower credit, and note seasoning period.

What is the difference between selling the full note and a partial?

A full note sale transfers all future payments to the buyer in exchange for a lump sum now. A partial note sale transfers only a set number of future payments.

Can I sell a non-performing mortgage note?

Yes. JKP Holdings buys non-performing notes at a deeper discount than performing notes.

What information do I need to provide to get an offer on my note?

You will need to provide: property address, unpaid balance, original loan amount, interest rate, monthly payment, payment history, borrower name, and copies of the note and mortgage.

What is a wrap note, and can I sell it?

A wrap note is a seller-financed loan that wraps around an existing underlying mortgage. JKP Holdings buys wrap notes, though they require additional due diligence.

Will I owe taxes when I sell my mortgage note?

Potentially yes. The tax treatment depends on how you originally financed the property, how long you have held the note, and your cost basis. Consult a CPA familiar with installment sales before signing a purchase agreement.

Do I need an attorney to sell my mortgage note?

It is not required, but some sellers consult an attorney, especially for larger note balances. JKP Holdings handles the paperwork on the buyer side and works with experienced note transaction companies.