Graham Notes Robert Graham

For Note Sellers and Institutions

I Buy First-Lien Residential Mortgage Notes Directly.

In Michigan, Texas and Tennessee. One note or a small pool, mainly non-performing. I’ll sign an NDA before you share a file.

Get in Touch See the Buy Box

This site is for note sellers and institutions, not homeowners seeking loans or foreclosure help.

What I Buy

I buy first-lien residential mortgage notes on 1–4 family homes, directly from the holder. I am primarily looking for non-performing notes. I will also consider re-performing and sub-performing notes.

If you have a first-lien residential note in Michigan, Texas or Tennessee that you would rather sell, I would be glad to look at it. I’ll sign an NDA before you share a file.

Buy Box

This is what I am looking for. I will still look at a note that sits a little outside the balance range.

Lien and Property
First-lien residential mortgage notes on 1–4 family homes.
Status
Mainly non-performing. I will consider re-performing and sub-performing notes.
States
Michigan, Texas and Tennessee only.
Balance
About $50,000–$250,000 per note, but I will look at others.
Size
One note or a small pool.

How It Works

  1. 1

    Send a Tape

    Start with a loan tape, or a short note if you have a single loan. I’ll sign an NDA before you share a file.

  2. 2

    I Review

    I review the tape against the buy box and follow up if I need more information.

  3. 3

    I Bid

    If it looks like a fit, I make a bid on the note or the pool.

  4. 4

    We Close

    We close through a standard assignment and allonge.

What to Send

A loan tape is enough to start. Please don’t include borrower names or other personal information on the first pass. I’ll sign an NDA before you share a file.

Loan Tape

To start, send a tape with these fields:

  • Loan number
  • Property city, state, and ZIP
  • Property type
  • Lien position
  • Unpaid principal balance (UPB)
  • Legal or total payoff balance
  • Note rate
  • Paid-to or next-due date
  • Days delinquent
  • Status (foreclosure, bankruptcy, or loss mitigation)
  • Occupancy
  • Last BPO or value, with date
  • Property tax status

Then, Under NDA

After I sign an NDA, it helps to have:

  • The collateral file: the note with endorsements and allonges, the mortgage, the assignment chain, and the title policy
  • Payment history
  • Servicing comments
  • BPO

Who I Work With

I work with banks, credit unions, funds, note brokers, and private note holders. If you hold a first-lien residential mortgage note in Michigan, Texas or Tennessee and would rather sell it, you can reach me below.

Contact

Robert Graham

You can also email me at robert@grahamnotes.com.

Please don’t include borrower names or personal information.