Fitzgerald Advisors · Direct portfolio brokerage

Note Broker: How selling a mortgage or business note works.

Fitzgerald Advisors brokers mortgage, owner-financed, business, promissory, BHPH, and other whole-note transactions for qualified sellers and buyers. The first review defines the note, payment history, collateral or obligor context, documents, servicing, timing, and whether a controlled counterparty process is appropriate.

At a glance: Learn how Fitzgerald Advisors brokers mortgage, business, promissory, BHPH, and other whole-note transactions for qualified sellers and buyers.

Transaction hub: Note Brokerage & Whole Loans: sell a mortgage note

Organized whole-loan and mortgage-note review materials representing a broker-led transaction desk.
Note broker desk

A defined starting point

A note broker connects the file to the right next conversation.

Fitzgerald is a broker-led desk, not a public note marketplace and not the buyer of every note. The work begins by clarifying the note type, payment and maturity profile, collateral or obligor context, ownership and assignment record, servicing, documentation, objective, and timing. A suitable process is then shaped around qualified counterparties and controlled diligence.

Asset scope

What the conversation may cover.

  • Mortgage and real-estate notes
  • Owner-financed notes
  • Business and commercial notes
  • Promissory notes
  • Performing and non-performing notes
  • BHPH and auto notes
01

Define the note

Identify the note type, unpaid balance, payment status, maturity, rate, collateral or obligor context, geography, and material exclusions.

02

Establish the file

Summarize payment history, documents, ownership and assignment chain, servicing records, collateral or guaranty evidence, and known gaps.

03

Match the role

Route sellers to a note review, buyers to qualification, and independent brokers to a separate partner discussion without claiming to be the purchaser.

04

Set expectations before access

The first conversation is a fit screen, not a listing promise or price opinion. Sensitive borrower or account files move only through an appropriate confidentiality and diligence process after role, mandate, and information needs are clear.

Illustrative transaction patterns

What a prepared mandate can look like.

These are anonymized, non-transactional examples of information and decision patterns a broker-led review may involve. They are not representations of completed deals, current inventory, pricing, recovery, or closing results.

Mortgage-note seller with a documented payment stream

Illustrative pattern: a note holder wants to evaluate a full or partial sale and can organize the note, payment history, collateral and lien context, assignment chain, servicing record, and known exceptions. The broker-led question is whether the file is defined enough for a controlled buyer conversation, not what price is guaranteed.

Business-note buyer with a defined mandate

Illustrative pattern: a qualified buyer states the note type, balance range, geography, payment profile, collateral or obligor preference, capital source, servicing capacity, diligence requirements, and approval timing before requesting detailed records. That creates a usable fit screen without representing that inventory is available.

Call-report context before a note conversation

Illustrative pattern: a bank-level call-report signal makes a mortgage or business-note question worth framing, but it is only a starting point. The next review tests the actual note population, payment history, collateral or obligor evidence, ownership and assignment chain, servicing, exceptions, and transfer path rather than treating the public signal as proof of a sale opportunity or price.

A practical review sequence

Asset → Evidence → Transaction Path

A note is easier to review when the asset definition, supporting record, and proposed process stay connected.

  1. 01

    Asset

    Note type, balance, payment status, collateral or obligor, geography, and objective.

  2. 02

    Evidence

    Payment history, ownership and assignment, documents, servicing, exceptions, and confidentiality.

  3. 03

    Transaction path

    Fit screen, controlled diligence, complete terms, transfer requirements, and next decision.

The first conversation

How a note brokerage conversation starts

  1. 01

    Choose the path

    Tell us whether you are selling a note, seeking notes to buy, or exploring a broker-led referral or advisory conversation.

  2. 02

    Describe the asset or buy box

    Share the note type, geography, size, payment or collateral profile, records available, operating capacity, and timing at a business level.

  3. 03

    Confirm fit

    The desk determines whether the mandate is defined enough for a focused counterparty conversation and what information should be prepared next.

  4. 04

    Control the review

    If appropriate, the next stage can establish confidentiality, diligence responsibilities, bid or offer comparison, servicing transfer, and closing requirements.

Before you reach out

What to have ready for a note-broker review

Start with aggregate facts. Do not send borrower-level information, unredacted files, Social Security numbers, or account numbers through the initial inquiry.

  • Note type, approximate balance, payment status, rate, maturity, and geography
  • Payment history, collateral or obligor context, ownership, assignment, and servicing records
  • Available documents, known exceptions, confidentiality requirements, and transaction objective
  • Seller role, buyer buy box, or broker-partner context and decision timeline
  • A clear understanding that Fitzgerald coordinates a broker-led process and does not guarantee inventory, price, recovery, buyer, or closing

Confidential intake

Start a note-broker conversation

Tell us whether you are selling, buying, or referring a note mandate. Begin with the note type, approximate scale, available information, role, and timing.

Choose a path: I want to sell a mortgage note · I want to buy mortgage notes

Direct answers

Frequently asked questions

What does a note broker do?

A note broker helps a qualified seller or buyer define the note mandate, organize the relevant information, assess counterparty fit, and coordinate a controlled path to diligence and transaction terms. Fitzgerald Advisors is a broker-led desk, not the buyer of every note and not a public note marketplace.

What kinds of notes can Fitzgerald review?

The initial conversation may cover mortgage and real-estate notes, owner-financed notes, business and commercial notes, promissory notes, performing or non-performing notes, and BHPH or auto notes when the asset, records, and mandate fit a qualified transaction process.

How does a mortgage-note sale begin?

Begin with the note type, approximate balance, payment status, rate, maturity, collateral or obligor context, ownership and assignment record, servicing, available documents, objective, and timing. Keep borrower-level information and unredacted files out of the initial inquiry.

Does Fitzgerald guarantee a buyer, price, or closing?

No. Fitzgerald does not guarantee a buyer, highest price, recovery, transaction availability, or closing. Any next step depends on the facts, documentation, counterparty fit, confidentiality requirements, and negotiated transaction terms.

Is the first note-broker inquiry confidential?

The first inquiry should contain high-level business information only. Do not send borrower-level records, account numbers, Social Security numbers, or unredacted files. If the mandate fits, confidentiality and staged diligence requirements can be defined before sensitive materials move.

Research for this transaction path

Note Brokerage & Whole Loans articles

Supporting articles for this hub. Use them to prepare a defined mandate, then return here for the appropriate next step.

Asset-class paths: Sell mortgage notes · Buy mortgage notes · Whole-loan and note process

Discuss a portfolio mandate · Sell debt portfolios · Buy debt portfolios

A direct broker desk for qualified buyers and sellers of debt, loan, judgment, CRE, note, and specialty-finance portfolios.