A promissory note is a contract detailing the terms of a promise by one party (the maker) to pay a sum of money to the other (the payee). The obligation may arise from the repayment of a loan or from another form of debt. For example, in the sale of a business, the purchase price might be a combination of an immediate cash payment and one or more promissory notes for the balance.
The terms of a note typically include the principal amount, the interest rate if any, and the maturity date. Sometimes there will be provisions concerning the payee's rights in the event of a default, which may include foreclosure of the maker's interest. Demand promissory notes are notes that do not carry a specific maturity date, but are due on demand of the lender. Usually the lender will only give the borrower a few days notice before the payment is due.
For loans between individuals, writing and signing a promissory note is often considered a good idea for tax and recordkeeping reasons.
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Mortgages :: Financial Services
Real Estate Investing

A Financial Programs, Inc. - A note buyer and licensed mortgage lender. Specializes in real estate notes, but also buys structured settlements.
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Associates - Buyers of real estate notes, contracts, and mortgages nationwide.
1st United Note Buyers - Broker of real estate notes and structured settlements. Based in Spokane, Washington, services offered nationally.
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Adirondack Note Buyers, Inc. - Purchases private mortgages created through the sale of real property. Located in New York.
American Capital Resources - Pays money for notes, mortgages, and other cash flows.
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Automated Marketing Technologies - Offers a system that generates mortgage leads automatically.
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Bay Investing Resources, LLC - Buys seller financed notes and mortgages.
Meta Description: [ We buy and sell mortgage notes and trust deeds nationwide. We work with rehabbers, real estate investors, developers and individuals to purchase portfolios, business notes, commercial notes and other cash flows. We specialize in the simultaneous closing. ]
Big Sky Financial Network - Buys real estate contracts, deeds of trust, contracts for deeds and mortgage notes.
Meta Description: [ Cash buyer of contracts for deed, deed of trust notes, escrow contracts, land contracts, private mortgage notes, real estate contracts, real estate notes, trust deed notes, and trust indenture notes. We pay the absolute highest maximum lump sum in cash for seller financed real estate secured cont... ]
Cascade Funding, Inc. - Purchaser of mortgages, business notes and other cash flow contracts.
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Colonial Blue Financial Services - Purchases real estate, commercial, or business notes.
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Dick Ballard, Inc. - Buys real estate notes secured by first and second mortgages and trust deeds throughout the USA. Also makes unconventional property loans in California.
Meta Description: [ We purchase owner financed real estate notes secured by 1st and 2nd deeds of trust and mortgages. We specialize in notes on comercial, investment and residential property in California. We buy business notes. We represent a group of private investors. ]
Digital Networking Enterprises - Note buyer, along with investors and principals, offers to purchase real estate notes throughout the USA and some non-US countries.
Empire Capital - Nationwide buyer of mortgages, deeds of trust and land contracts.
Meta Description: [ The Mortgage Buyer Inc is a national mortgage buyer company that purchases mortgage notes, deeds of trust, land contracts, trust deeds and real estate notes. ]
First Amherst Financial Group, LLC - Purchases small to mid-size distressed loans and problem assets from financial institutions. Amherst, New Hampshire.
First Brevard Corp. - Purchases seller held mortgages nationwide.
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Freedom Financial - Buys seller financed notes secured by residential, commercial and land only properties.
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Friendly Note Buyers - Provides cash purchases of first mortgage notes.
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Genesis Financial, Inc. - A diversified financial services company which purchases seller-financed real estate mortgages, deeds of trust, and contracts. Also works with non-conforming commercial loans.
Meta Description: [ Nationwide buyer of owner-financed notes, mortgages, contracts, deeds of trust, lottery and other financial receivables. Get a free online quotes ]
Hudson Mortgage Bankers - Purchases real estate notes and trust deeds.
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Investors Financial Corp - Purchaser of seller financed real estate notes.
Lead Originators - Provides mortgage leads to lenders and brokers.
MAE Financial Corp. - Purchases privately held promissory notes and deeds of trust. Located in Colorado but operates nationally.
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Midwest Notes - Buyer of owner financed notes, specializing in simultaneous closings and flips.
Meta Description: [ Owner financing, note buyers, mortgage note buyers since 1995. Also simultaneous closings of all owner financing. Discounted Mortgages, Land Contracts and other cash flows. Free on-line quotes. ]
Mortgage Note Buyer - We buy structured
settlements, mortgages, annuity payments and lottery winnings.
Mortgage-Investments.com - Designed as a marketplace for buyers, sellers and investors in private mortgages.
Meta Description: [ Seller financing and private mortgage. 800+ pages FREE information for mortgage investors and borrowers. ]
Mortgage-Leads.com - Sells prequalified mortgage leads.
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National Asset Exchange Group, Inc. - Buyers of real estate mortgage notes, structured settlements, and annuities.
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National Notebuyers - Massachusetts firm purchases mortgages and trust deeds nationwide.
Meta Description: [ We buy mortgages and trust deeds nationwide. We are actively seeking to purchase Residential and Commercial Mortgages and Trust Deeds along with other structured cash flow payments. ]
Northeastern Capital Resources, Inc. - Nationwide buyer of privately held carryback mortgages.
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mortgage note buyer of privately held carryback mortgages. ]
Notable Mortgage Buyers, Inc. - Purchases privately held mortgages and notes.
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Note Buyer Direct Connect - Database for sellers to find buyers for mortgages and other cash flows.
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NoteWorld - Buys private mortgage notes. Site includes articles and a forum for questions and discussion.
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Olympic Mortgage Exchange, Inc. - Buyers of real estate receivables and seller financing instruments throughout the USA. Also processes new loans in Oregon.
Meta Description: [ Olympic Mortgage Exchange - Buyers of seller financed real estate notes, owner and land sale contracts, private mortgages, deeds of trust, and other financing receivables. ]
OwnerNoteSales.com - Buyers of privately held real estate promissory notes, business notes, annuities, land contracts, structured settlements, lottery winnings, and other cash flows. Services USA and Canada.
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Panther Investments, Inc. - Invests in many types of real estate notes, structured settlements, seller carryback financing, and other future incomes.
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PCF Investment Group, Inc. - Nationwide buyer of real estate related notes and mortgages.
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Pinnacle Note and Mortgage - Principal buyer of notes, mortgages, and deeds of trust. Offers company information and FAQ.
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RAM Funding Service Corporation - Buys seller-held mortgages, trust deeds, and land contracts throughout the USA. A licensed brokerage in Florida.
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Reliant Financial, Inc. - Direct buyer of residential and commercial real estate and cash flow notes. Located in Texas; purchases notes nationwide.
Meta Description: [ Cash flow note buyers and investors of owner-financed commerical, real estate, and deed-of-trust mortgages using our own money, including difficult and delinquent notes. ]
Riverside Bank - Arkansas bank specializes in mortgage lending, and buys private seller-financed mortgage loans nationwide.
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Star Note Buyers USA - National mortgage buyers of real estate notes, contracts, and deed of trusts.
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Steinberg Capital - Purchases real estate notes and trust deeds. Principal is also a mortgage broker.
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TCA Funding - Buys residential and commercial real estate notes.
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The Audemus Group - Offers course materials on the paper business of carryback mortgages.
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The Boston Note Company - Purchases mortgage notes nationwide.
Weststar Loan Servicing Corporation - Provider of seller financing, loan servicing, rental collection, and loan servicing software. Also buys real estate notes and loan portfolios.
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