Seller Note Information Form

Buyer Criteria

• Budget: $30,000 – $2,000,000

• Collateral: Residential (SFR, Condos, Duplexes, Townhomes), Mobile Homes with land, Land, and Commercial

• Position: First position only (no seconds, no interest-only notes)

• Credit Requirements: – 90 days to 1 yr seasoning: 650+ – 1 yr and older: 600+

• Seasoning: 90+ days (Residential, Land, Mobile Homes), 120+ days (Commercial) (will look at notes with 1 payment made)

• Down Payment: 10%–30% depending on property type and pay history

• Restrictions: No mobile homes without land, no church notes, no reverse mortgages, no personal loans, no gas stations

• Please provide lien documents (Mortgage, Deed of Trust, Note, Contract), the Closing Statement/HUD-1, and any other recorded documents, if applicable.
Name*
Date

MonthDayYear
Date
Company
Phone*
Format: (000) 000-0000.
Email*
example@example.com
Address*

Street address

Street Address Line 2

CityState / Province

Postal / Zip CodeCounty
City*
State*
ZIP*
Current estimated value
Description of Property & Area
Residential Type

Single-familyMulti-family (2-4)Mobile Home & Land
Occupancy Type

Owner-occupiedRentalVacant
Estimated Rental Income
Commercial (Type)
Type of Business, Years Business is at location, Borrowers are the business owners or renting the space.
Vacant Land (Acreage & Improvements)
Description of Property & Area
Was there a prior mortgage?*

YesNo
If yes, please state amount & terms
Date of Sale*

MonthDayYear
Date
Original Selling Price*
Down Payment Received*
Original Note Balance*
Term (in months)*
Interest Rate*
Monthly Payment*
Ballon Payment*

YesNo
If yes, please provide Balloon Amount
Balloon Date

MonthDayYear
Date
Date of First Payment*

MonthDayYear
Date
# of Payments Made
# of Payments Remaining
Next Payment Due*
Next Payment Due*

MonthDayYear
Date
Current Balance*
Unpaid Principal Balance
Payor Information ( Name, address, SSN or credit Information) & Additional Comments*
Seller’s Motivation*
Would the seller accept a partial payment? (For example, we would pay a lump sum equal to 60 months of payments upfront instead of purchasing the entire note.)*

YesNo
Please email the lien documents (Mortgage, Deed of Trust, Note, Contract), the Closing Statement/HUD-1, and any other recorded documents, if applicable.
Team Legacy | info@legacynsupport.com | www.legacynsupport.com
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