When You Call Red Mountain, You Are Not Calling A Broker
Red Mountain is the buyer of your loan. We spend our day doing two things: 1) looking for loans to buy for our portfolio and 2) servicing the loans that we have already purchased from people like you. We have been in the mortgage investing business for over a quarter century. We are a private firm that uses our own funds to buy loans for ourselves. We do not have outside investors. We are the investor.
Deal Direct With The Investor, Not A Broker
Most note brokers pretend to be principal investors capable of buying your loan, when in fact they are not. Be wary of them. Ask them questions such as
- "What is the name of the firm that will actually wire my money to me? "
- "Who will become the new servicer for the loan?"
- "Are you brokering my note?"
The bottom line is note brokers cost you money that you don't even know your giving up! Brokers are paid a commission that should be coming to you in the form of a higher price for your note.
Get The Highest Price For Your Loan
When you call Red Mountain, you can be assured that you are getting the absolute highest price for your note. When you get a quote from a broker, it is important for you to understand that the broker has sliced off their fee from the Investor's quote and then they show you a "net"price for your note. The price a broker shows you is net of whatever amount that broker is trying to make off of you. Often times it can be in excess of $7,000! We have even seen brokers trying to make $20,000 on a single loan.
Get Your Lump Sum Cash Faster
We understand that you want your money today. We will perform our due diligence review as fast as we possibly can. You will always know first hand when to expect your money and when the sale will be finalized. Again, with the brokers out of the way, the seller (you) and the Buyer (us) are able to communicate directly with out any cumbersome interference or games.
