Amerinote Xchange is a 2nd lien mortgage note buyer actively acquiring 2nd lien mortgage loans in all 50 states online. All junior lien notes for sale must be secured by real estate. In order for a junior real estate loan to be considered for purchase, the characteristics must fall under these three principal criteria:
- A junior loan can be performing (on-time payments) or non-performing (late or no payments)
- 2nd lien position is preferred to be subordinate to a performing 1st position lien
- No minimum loan requirement (no loan too small for consideration)