Our Process

The whole process averages less than 27 days!

Step 1 – Offer: After you and your designated Loan Acquisitions Officer have a detailed discussion regarding the specifics of the Real Estate Note, our team will review the information and provide you with a competitive offer. The provided offer is a net offer, so you decide what your commission will be! An offer will be provided within 48 hours of submission.

Step 2Obtain an Accepted Offer: Once your seller has accepted the offer and signed the Broker/Seller agreement, we will need a signed copy of the agreement along with all other necessary documentation which can be found here.

Step 3 – Due Diligence: Upon receipt of all the required documents, due diligence will begin! A property evaluation and title work will be ordered at the expense of First National Acceptance Company. We will review the documents, payment history, and if needed, contact the borrower to confirm the terms and balance of the note, (with the note owner’s permission of course)! After the property value is received and due diligence is complete, we will send the note to our underwriting team for approval.

Step 4 – Post Approval/Processing: After the note purchase is approved by our underwriting team, your file will be assigned to a Loan Processor where title work will be reviewed in 2-3 business days. If there are clouds in the title, they must be addressed before we can move forward with the closing. If the title work is clean and clear, a closing package will be prepared and sent to the title company to schedule the closing with your seller.

Step 5 – Closing: The title company will connect with the seller to schedule a time to sign the closing documents. Once signed, our processing team will review the paperwork and authorize funding to take place. The seller will receive a wire for their proceeds and First National Acceptance Company will send you a wire for your commission.


Working Together: No matter where you’re at in the process, your Loan Acquisitions Officer will walk you through every step. We are experts in note buying and want to ensure both you and your seller are comfortable and informed throughout the process. We are excited to be a part of your journey!

Get A Free, No Obligation Quote On Your Real Estate Note