Fisher Funding is a national purchaser of Privately Held Mortgages, Structured Court Settlements, Lottery Winnings, and Seller Financed Business Notes.

Frequently Asked Questions

Q: How long will this transaction take?

A: It normally takes us around 2 to 3 weeks to complete a transaction. The time frame can very slightly depending on how quickly we can get the appraisal completed and the title.

Q: What is the minimum value required to sell my note?

A: All of the funding guidelines are listed below.

Q: What percentage will you pay for the note?

A: There are many variables that come into play that determine our pricing. This includes the amount of equity in the property, credit of the payer, length of seasoning on the note and interest rate on the note. We look at each individual note on a case by case basis, therefore I will need the information so that I may submit it to our underwriters so they can come up with a quote for you.

Q: What are all of the costs that I will incur?

A: You will not have to pay any closing costs; we cover these for you.

Occasionally if a deal looks questionable (like it might not appraise for the stated amount) then we may state on the quote sheet that the seller will have to pay for the expenses, if this happens we will give you an approximate amount of expenses.

Q: Will your price quote change?

A: I am providing you with a quote based on the information that you have provided me. If the information is correct, then the price will stay the same.

We do not ever want to have to change our pricing. However, if a client states on the quote sheet that the payer has excellent credit, then we find out the credit is bad, then we will have to change our offer. Also, if they state the property is worth a certain amount then after we appraise it we find it has a significantly lower value, then we would most likely lower our offer.

Q: Are you buying this note yourself or are you a broker?

A: I work as a Contract Buyer for Charter Financial. Charter Financial is one of the nations largest purchasers of privately held notes.

Q: Will you buy a note with less than one year of payment history?

A: For notes with less than one year of payment history, we need 20% down plus a credit score of at least 650.

If your question was not answered here, please use the contact form on this page.

Funding Guidelines

Residential Mortgage Notes

Minimum Funding Amount: $20,000
Maximum Funding Amount: No Maximum
First Position Notes Only
Seasoning Requirement: Minimum 30 Days
Minimum Credit Score: 600

Commercial Mortgage Notes

Minimum Funding Amount: $100,000
Maximum Funding Amount: $2,000,000
First Position Notes Only
Seasoning Requirement: 90 Days
Minimum Credit Score: 675

Structured Court Settlements

Minimum Funding Amount: $20,000
Maximum Funding Amount: No Maximum
Only Settlements paid by insurance companies
All Transactions require a court order

Structured Court Settlements not considered

Workers Compensations Settlements
Retirement Plans, Disability payments, Judgments, Divorce Settlements, Social Security Payments, IRA's

Lottery Payments

Minimum Funding Amount: $20,000
Maximum Funding Amount: No Maximum
Some States require court orders

Business Notes

Minimum Funding Amount: $20,000
Maximum Funding Amount: $250,000
Personal Guarantee required by payer (the payer guarantees to make payments even if business fails)
Seasoning Requirement: 3 months (we want to confirm no issues that would prevent payments being made)
Down Payment: Minimum 30% down payment
Credit Score requirement: Minimum 700

Business Notes not considered:

Business Notes that result from the buyout of a partnership arrangement
Business notes that have more than one owner (note holder) and only one is interested in selling