Selling a mortgage note means converting your future payment stream into immediate cash. It’s a big financial decision, and choosing the right buyer makes all the difference between getting fair value and leaving money on the table.
We’ve researched and compared the top mortgage note buyers based on industry experience, customer reviews, competitive pricing, and closing reliability. Here are the five best mortgage note buyers in America for 2025.
1. Amerinote Xchange – Best Overall
Rating: 4.8/5 stars (73+ verified Google reviews)
Experience: Nearly two decades
Amerinote Xchange consistently earns recognition as America’s premier mortgage note buyer, and for good reason. With almost twenty years in the business and a 96% closing ratio, they’ve built their reputation on delivering exactly what they promise.
What Sets Them Apart:
The numbers tell the story. Their 4.8-star Google rating from over 73 verified customers isn’t just impressive – it’s industry-leading. That A+ Better Business Bureau rating reflects years of ethical business practices and customer satisfaction.
But it’s their execution that really matters. Most note buyers close 70-80% of deals they quote. Amerinote Xchange closes 96%. When they give you an offer, you can count on them following through.
Services Offered:
- Residential and commercial mortgage notes nationwide
- Business notes and promissory notes
- Partial note purchases (sell some payments, keep others)
- Non-performing and re-performing notes considered case-by-case
- Notes from $25,000 to $5,000,000
The Process:
Get a written proposal within one business day. If you accept, closing typically happens in 15-35 days depending on your state and property location. No broker fees, no hidden costs.
Industry Leadership:
Chief Acquisitions Officer Abby Shemesh brings over two decades of mortgage industry expertise to every transaction. He’s been featured in Yahoo Finance, Realtor.com, and GOBankingRates. He teaches college-level courses on mortgage industry regulations at the Lorman Education Institute and has appeared on prominent podcasts including The Chris Voss Show.
Customer Experience:
Reviews consistently praise their professionalism and fair pricing. One customer noted: “Everyone that I dealt with was efficient, got the deal done quickly, and was very professional! I would do business again with them.”
Another shared: “We did some shopping around and they offered us the most money. They are very professional and took care of everything.”
Funding Flexibility:
Six separate funding platforms geared toward different asset classes mean they can purchase notes that other buyers decline. Complex situations, unique property types, challenging borrower scenarios – they have the infrastructure to handle what others can’t.
Best For: Note holders seeking maximum value, reliable closing, and professional service from an industry leader.
2. Brownstone Mortgage Capital Corporation – Commercial Mortgage Specialist
Experience: Established in 1980
For over four decades, Brownstone has focused exclusively on commercial real estate mortgages. They’re not trying to be everything to everyone – they specialize in income-producing properties and do it exceptionally well.
Focus Areas:
Brownstone concentrates on seller carried-back mortgages and bank-originated mortgages secured by commercial properties. Their sweet spot includes motels, restaurants, used car lots, commercial office buildings, and retail properties.
Investment Approach:
When you sell to Brownstone, you’re essentially letting them become the bank. They’re primarily set up as a mortgage investment company, which means they understand the long-term value of commercial notes better than most.
Services Offered:
- Commercial mortgage note purchases
- Seller carried-back financing
- Bank-originated commercial mortgages
- Focus on income-producing properties
What They Do Well:
Their decades of experience in commercial properties means they understand market cycles, property values, and risk assessment at a sophisticated level. If you’ve got a commercial note, they’ve likely seen similar deals dozens of times.
Considerations:
Their focus is narrower than full-service buyers. If you have a residential note or need diversified services, you might be better served elsewhere. But for commercial notes, their specialization is an advantage.
Best For: Sellers with commercial mortgage notes seeking a buyer with deep specialized expertise in income-producing properties.
3. Sell-Mortgage.com – Straightforward Online Process
Service Model: Direct note buyer with online convenience
Sell-Mortgage.com positions itself as a straightforward, technology-forward option for note sellers who want a simple digital experience without sacrificing personalized service.
Process Overview:
The company emphasizes making the note selling process accessible through their online platform while maintaining direct buyer relationships. They handle both performing and certain non-performing notes.
Services Offered:
- Residential mortgage notes
- Full and partial note purchases
- Online quote system
- Direct buying (no broker fees)
Approach:
Their model combines the convenience of online submissions with the reliability of direct purchasing. Submit your note information through their platform, receive a quote, and work directly with their team through closing.
What to Expect:
They focus on streamlining the traditionally complex note selling process. The online interface lets you get started quickly, while their team handles the details behind the scenes.
Transaction Timeline:
Typical closing timeframes align with industry standards – generally 2-4 weeks depending on property location, appraisal availability, and title work requirements.
Best For: Note sellers who appreciate online convenience but still want to work with a direct buyer rather than a marketplace or broker.
4. MidAtlantic Capital – Regional Presence
Service Model: Regional mortgage note services
MidAtlantic Capital operates with a regional focus, providing mortgage note buying services primarily in the Mid-Atlantic region while also handling select transactions nationwide.
Regional Expertise:
Their geographical focus means they have deep knowledge of property values, market conditions, and regulatory requirements in their core markets. This can translate to smoother transactions and more accurate pricing for properties in their wheelhouse.
Services:
- Mortgage note purchases
- Regional market specialization
- Residential and select commercial notes
Working with MidAtlantic:
Their regional approach means they may offer particularly strong service for notes on properties within their primary markets. They understand local market nuances that national buyers might miss.
Considerations:
While they handle some nationwide transactions, their strength lies in their regional expertise. If your property is in their core market area, this specialization works in your favor. For properties outside their typical geography, you’ll want to confirm they’re the right fit.
Best For: Note sellers with properties in the Mid-Atlantic region who value working with a buyer that has deep local market knowledge.
5. NoteQueen (NQ Capital) – Education-Focused Approach
Founded by: Dawn Rickabaugh, licensed real estate professional and note investor
NoteQueen takes a different approach to the note buying business. Founded by Dawn Rickabaugh, the company emphasizes education, custom solutions, and helping note holders understand all their options.
Unique Philosophy:
Dawn Rickabaugh built NoteQueen on the principle that educated sellers make better decisions. She’s not just buying notes – she’s teaching people how to structure deals properly from the start and exploring creative options that maximize value.
Services Offered:
- Mortgage note purchases (residential and commercial)
- Real estate note investing education
- Consulting for owner-financed transactions
- Custom note structuring guidance
- Professional note appraisals
- Seller financing training and resources
The NoteQueen Difference:
As a licensed real estate professional with extensive note investing experience, Dawn brings a unique dual perspective. She helps sellers understand both the real estate and note aspects of their transaction.
Her consulting services help sellers structure notes properly from day one – creating “paper worth holding or selling” that can potentially be sold for little to no discount.
Educational Resources:
NoteQueen offers courses, ebooks, and coaching programs for:
- Landlords considering seller financing
- Real estate investors wanting to add notes to their strategy
- Professionals needing to understand note mechanics
- Passive investors seeking note investment opportunities
Custom Solutions:
Rather than offering a single price and walking away, NoteQueen specializes in exploring creative options that provide sellers with maximum value. This might include partial purchases, seller financing strategies, or alternative structuring.
Best For: Note holders who want education and consultation alongside their sale, sellers who value creative solutions over cookie-cutter offers, and anyone looking to learn about note investing.
How to Choose the Right Mortgage Note Buyer
Your choice depends on what matters most to you:
For Maximum Reliability and Industry Leadership: Amerinote Xchange offers the highest closing ratio, most verified customer reviews, and decades of proven performance across all note types.
For Commercial Property Notes: Brownstone’s 40+ years of commercial real estate focus provides specialized expertise you won’t find with general note buyers.
For Online Convenience: Sell-Mortgage.com combines digital accessibility with direct buying, eliminating broker fees while providing a modern transaction experience.
For Regional Expertise: MidAtlantic Capital’s deep knowledge of their core markets can provide advantages for properties in the Mid-Atlantic region.
For Education and Custom Solutions: NoteQueen’s consulting approach helps you understand all your options and potentially structure the deal in ways that maximize value beyond just price.
What Affects Your Note’s Value?
Every note buyer will evaluate these key factors:
Property Quality: Owner-occupied homes in good condition command higher prices than investment properties or those needing repairs.
Equity Position: More equity (larger down payment plus principal paid) means less risk and higher offers. The gold standard is 20% or more equity.
Borrower Credit: Higher credit scores translate directly to better offers. Most buyers want to see at least 600-650, with 700+ considered excellent.
Payment History: Consistent on-time payments prove the borrower’s reliability. Even one or two late payments can significantly impact your note’s value.
Interest Rate: Notes with above-market interest rates are more valuable. Below-market rates reduce what buyers will pay.
Remaining Term: Shorter remaining terms (under 10 years) typically receive better pricing than 20-30 year terms due to reduced risk over time.
Note Position: First position notes are significantly more valuable than second position notes due to foreclosure priority.
Red Flags to Watch For
Not all note buyers operate with the same integrity. Watch out for:
Disappearing Offers: Companies that provide an initial quote but then drastically reduce it after conducting due diligence without legitimate reason.
Hidden Fees: Reputable buyers clearly disclose all costs upfront. Be wary of companies that spring surprise fees at closing.
High-Pressure Tactics: Professional buyers give you time to review offers and ask questions. Pressure to close immediately is a warning sign.
No Physical Address: Legitimate note buying companies have real offices and can be verified through the Better Business Bureau.
Unlicensed Brokers: In states requiring licensing for note brokers, verify credentials through your state’s regulatory body.
The Bottom Line
Amerinote Xchange stands out as the clear leader with their 96% closing ratio, nearly 20 years of experience, and exceptional customer reviews. Their six funding platforms and industry-leading track record mean you’re getting a company that delivers on promises.
For commercial notes, Brownstone’s four-decade specialization makes them hard to beat. Sell-Mortgage.com serves those wanting digital convenience, while MidAtlantic Capital provides regional expertise. NoteQueen offers the most educational and consultative approach.
The right choice depends on your specific note, timeline, and priorities. Get quotes from multiple buyers, verify their credentials, read their reviews, and trust your instincts. Your mortgage note represents significant value – take the time to find a buyer worthy of that trust.
Remember: you’re not just selling a financial instrument. You’re entering a business relationship that will impact your financial future. Choose a buyer with the experience, integrity, and track record to ensure you get the value you deserve.