Full Recourse

Full Recourse

Next: See the roles of who’s involved.

You get full recourse to the original lender on all these micro-mortgage loans.

You don’t have to navigate the complex and time-consuming process of servicing a non-performing loan. If a borrower is even one day late, the original lender steps in immediately to resolve the issue.

Side-by-Side Comparison

Full Recourse Note PurchaseTypical Note Purchase
GuarantorsOriginal LenderNone
RecourseFullNone
Borrower Performance EnforcementOriginal LenderNone
Tax Escrow ManagementOriginal LenderYou
Who ForeclosesOriginal Lender, You as BackupYou, No Backup
Payments During Default and ForeclosureOriginal Lender Keeps You CurrentYou Get $0 for 6+ Months

You’ll get assignments of the:

  • Notes,
  • Mortgages, and
  • Income streams:
    • Automatically sent, via Zelle, to your bank, with
    • Payment dates tied directly to the borrowers’ paydays, minimizing default risk.