If you’re looking to buy or sell mortgage notes, here’s the hard truth:
Most of what you’ll find online is either overpriced, over-shopped, or just plain stale.
And if you’re a bank or a serious buyer, relying on online marketplaces and mass-distribution platforms is like tossing your portfolio into a shark tank and hoping for the best.
That’s why savvy institutions and investors don’t chase public listings — they work with a private mortgage note broker who hunts, vets, and delivers the right paper with precision.
Welcome to Fitzgerald Advisors — where private deals are sourced off-market, off-radar, and on your terms. Our ability to provide competitive pricing and fast approval processes sets us apart from the rest.
📚 Introduction to Mortgage Notes
A mortgage note, also known as a promissory note, is a legal document that outlines the terms of a loan agreement between a borrower and a lender. It serves as a promise to repay the loan, along with interest, and is typically secured by real estate. Mortgage notes are an essential part of the loan process, providing lenders with security and borrowers with a clear understanding of their repayment obligations. In the secondary market, mortgage notes can be sold, allowing lenders to free up capital and investors to purchase notes with attractive interest rates. Understanding mortgage notes is crucial for anyone involved in the note industry, including note brokers, lenders, and investors.
📉 The Problem with Online Marketplaces
Online mortgage note exchanges promise volume, exposure, and ease — but here’s what they don’t tell you:
- Everyone and their cousin has already seen the deal. By the time a non-performing note hits a marketplace, it’s been passed around like candy at a broker convention.
- Pricing is inflated. Sellers jack up the price to make room for the platform fees, broker chains, and low-ball negotiations. You’re not just paying for the paper — you’re paying for the parade.
- Due diligence? You’re on your own. Marketplaces rarely offer real insight into lien position, foreclosure status, title defects, or legal exposure. You get a zip file, a PDF, and a prayer.
- Zero exclusivity. Good deals disappear in minutes or never make it to the site at all. You’re always late to the party.
Looking to become non-performing note buyers? Our experts offer valuable insights and strategies to where to buy nonperforming notes.
Private brokers, on the other hand, can provide quick cash offers, unlike online marketplaces.
🔍 Why a Private Mortgage Note Broker is a Smarter Move
A private broker isn’t just a middleman — they’re your deal strategist, asset hunter, and risk filter.
Here’s what you get when you work with a firm like Fitzgerald Advisors:
✅ Access to Off-Market Inventory
We build direct relationships with banks, hedge funds, credit unions, and private lenders.
That means we get first looks on paper before it ever hits a marketplace — and often with cleaner data, lower pricing, stronger collateral files, and comprehensive details of the mortgage notes.
✅ Customized Note Hunting
Looking for 1st lien residential NPNs in Florida under 65% LTV? We’ll go out and source it. Not “browse” it. Not “wait” for it. Source it.
Creating specific note criteria is crucial to maximize the value of your mortgage note before selling.
We know where to look, who to talk to, and how to structure a deal that works for your risk profile.
✅ Real Due Diligence Support
You don’t need another Dropbox folder. You need a partner who will:
- Pull title
- Scrub for tax liens and code issues
- Review pay histories
- Confirm servicing status
- Validate exit strategies
Loan officers play a crucial role in providing direct funding options to borrowers, ensuring a smoother and more efficient loan acquisition process.
If we wouldn’t buy the deal ourselves, we won’t let you.
✅ Brand Protection for Banks & Sellers
Banks want liquidity without putting their names on blast. By working with private note brokers, they can quietly offload distressed or non-performing assets without hitting public channels, triggering regulators, or damaging borrower relationships.
Our deals are whispered, not shouted — and that’s exactly how institutional sellers prefer it. Maintaining strong client relationships is crucial while discreetly offloading assets.
🔄 The Process of Selling Mortgage Notes
Selling mortgage notes involves several steps, including determining the value of the note, finding a buyer, and completing the transaction. Note brokers play a crucial role in this process, connecting note sellers with prospective buyers and facilitating the sale. The process typically begins with a note seller contacting a broker or a direct lender such as Security Financial Services, to inquire about selling their mortgage note. The broker or lender will then assess the value of the note, taking into account factors such as the interest rate, payment terms, and collateral. Once a buyer is found, the transaction is completed, and the note seller receives a lump sum payment. It’s essential to work with experienced note brokers or lenders to ensure a smooth and successful transaction.
🔒 Security and Financial Services
Security Financial Services is a reputable company that specializes in buying and selling mortgage notes. With extensive experience in the note industry, they provide a range of services, including brokering business notes and purchasing real estate notes. Their team, led by Senior Vice President Marc Rouda, has a deep understanding of the note industry and is committed to providing excellent customer service. Security Financial Services offers competitive pricing, fast closing times, and a streamlined process, making them an ideal choice for note sellers and buyers. By working with Security Financial Services, clients can benefit from their expertise and experience, ensuring a successful transaction.
💼 Who We Work With
- Mortgage Funds & REITs looking to deploy capital with real collateral
- Private investors & family offices needing a high-yield strategy
- Banks and credit unions offloading non-performing assets discretely
- Law firms and servicers managing small-balance or legacy portfolios
- Note buyers who are sick of broker chains and ghost inventory
🧠 Why Fitzgerald Advisors?
Because we know the game. We’ve placed hundreds of deals behind the scenes — no platform fees, no ego, no noise. Just paper that performs.
We facilitate funding for transactions by connecting borrowers with note brokers and direct lenders, ensuring efficient and streamlined loan processes.
Whether you’re looking to buy performing, sub-performing, or non-performing mortgage notes, or you’re a lender ready to offload assets discreetly, Fitzgerald Advisors gets it done.
This isn’t just brokerage. It’s precision deal flow — powered by deep relationships, surgical sourcing, and street-smart due diligence.
💡 Tips for Working with a Note Broker
When working with a note broker, it’s essential to build a strong business relationship based on trust and communication. Note brokers should have extensive experience in the note industry and a deep understanding of the market. They should be able to provide valuable guidance and support throughout the entire process, from determining the value of the note to completing the transaction. It’s also crucial to work with a broker who is transparent about their fees and services, ensuring that clients understand the terms of the deal. By choosing a reputable and experienced note broker, clients can navigate the complex world of mortgage notes with confidence.
🚫 Common Mistakes to Avoid
When selling mortgage notes, there are several common mistakes to avoid. One of the most significant errors is not working with a reputable note broker or lender, which can lead to a huge difference in the sale price. Another mistake is not conducting thorough due diligence on the buyer, which can result in a failed transaction. Additionally, note sellers should be cautious when dealing with family members or unqualified buyers, as this can lead to complications and risks. It’s also essential to review the payment terms and ensure that the lender takes responsibility for collecting payments. By being aware of these potential pitfalls, note sellers can avoid common mistakes and ensure a successful transaction.
📞 Let’s Talk (Before Your Deal Hits a Marketplace and Dies)
If you’re serious about buying or selling distressed mortgage notes, don’t wait for a website upload.
👉 Email: jeff@fitzgeraldadvisors.com👉 Book a strategy call 567-694-0684 www.fitzgeraldadvisors.com
You don’t need a marketplace. You need a broker who knows how to move in silence.
Interested buyers should contact the company directly.
