Private Owner Carry-Back Mortgage Notes

Private Mortgages Notes, or as they are sometimes known, Owner Carry-Back Mortgages, are mortgage-backed promissory notes that are the result of a seller of a single-family home, condominium,multi-family residence or other residential or commercial building, providing some degree of finance to new buyer of the dwelling at the time of closing.  They can be for the full amount of the mortgage on the sale (first position notes)or can be partial (second position notes) behind traditional mortgage lender.
Cartledge Financial is a buyer of private mortgage notes.  If you are the holder of a private mortgage note receiving monthly or quarterly payments and would like a lump sum of cash for any reason,we can help.  As the owner of a private mortgage note you can ...

• Receive a lump sum of cash for a complete sale of your note.
• Sell a percentage (such as one half) of your note.
• Sell a specified number of monthly payments.
• Sell your balloon payment (if applicable).
• Any combination of the above.

Attention!  Real Estate Professionals and FSBO sellers.
While owner carry-back mortgages can often provide a catalyst to get the deal done, many sellers are reluctant to hold mortgage paper for lengthy periods of time.  Before you structure your deal, contact us regarding how to make your private mortgage attractive for resale at a later date if necessary.

No Obligation Confidential Quote
You can receive a "no obligation" confidential quote on your private carry-back mortgage note from Cartledge Financial simply completing our mortgage note request form.  A representative will contact you within 24 hours to begin processing your request.