Are you personally receiving payments on this note?

Specifically - Are you the note holder and collecting payments?

Comments

Specifically - Any other details on the note that would be of help.

Payor's Credit

Specifically - The person who is making the payments is referred to as the "payer". If you know the status of the payer's credit, please select it on the form. If you don't know, please select unknown.

Property Value

Specifically - When the note was created what was the selling price of the property? Or - if you have received a written appraisal on this property in the last 6 months, please state that amount.

Owner Occupied?

Specifically - Does the note seller live in the property securing the note?

Sales Date

Specifically - What was the date it was sold to the person making payments to you?

Sales Price

Specifically - How much was it sold for?

Down Payment

Specifically - The initial sum put towards payment for the sale.

State

Specifically - What state is the property itself located?

City

Specifically - What city is the property itself located?

Face Value of Note For Sale

Specifically - The original value of the note at the time it was first created.

Note Balance

Specifically - The amount remaining to be paid on the note as of now.

Interest Rate

Specifically - This is the amount of interest, which is displayed on the note.

Payment Amount

Specifically - The amount of the payment due each payment due date.

Loan to Value

Specifically - The loan to value or LTV is a percentage ratio between the total loans on the property and the property value. EXAMPLE: If the property was $100,000 and the 1st loan was $50,000 and there was a 2nd loan of $20,000 the LTV would be 70% ($50,000 + $20,000 = $70,000 divided by $100,000 = 70%)

Current

Specifically - On-time payments are current, delinquent payments are late.

Balloon Payment

Specifically - A large payment on the note, Usually due at the end of the payment schedule. (if any, not all notes have a balloon payment)

How Much Balloon Payment

Specifically - What is the amount of the balloon payment? (if any, not all notes have a balloon payment)

When Balloon Payment Due

Specifically - What date is the large payment on the note, usually due at the end of the payment schedule required? (if any, not all notes have a balloon payment)

Position of Note

Specifically - Has the note been created by a first or second loan?

1st - Remaining Balance

Specifically - The balance on the first loan to be recorded as a lien against a specific property.

2nd - Remaining Balance

Specifically - The balance on the second loan to be recorded as a lien against a specific property.