About Note Quote
Note Quote exists to help private mortgage holders turn their monthly payments into a lump sum. NQ is the culmination of decades of industry experience with a fresh approach to underwriting and buying notes. Before forming NQ, Brad wrapped mortgages, sold land on payments, and funded loans from his retirement accounts. It only took a few high volume borrowers to deploy most of the retirement funds. In 2024, Brad decided to add private mortgages to our portfolio under the brand Note Quote. We’ve funded countless deals from raw land, single family, and various commercial projects. Many mortgage buyers only work with large principal amounts or have expectations of buying the note for pennies on the dollar. Note Quote is here to fill an underserved and overlooked need- buying out small private mortgages at a fair rate.
Read on to learn about our underwriting and get a quote on your note.
About Our Founder
Brad is an investor with a passion for simplification.
From landlording to lienholder... I started buying fix and flip houses in 2006 when everyone could get a loan and prices were discounted. Everything was going well until one day the rent didn’t come in.
I thought I had a pretty boring, profitable rental portfolio until the checks stopped coming. Everything changed in the middle of the night when one of the residents was smoking in bed and burned down the property. Eventually our insurance saved the day, and I learned a valuable lesson. The big lesson is cash flow is the real asset. Unpredictable renters and the structure are liabilities, especially when it’s on fire. My portfolio pivoted into seller finance, notes, and lending. I’ve been funding projects big and small since then.
About Our Clients
Not every private mortgage is a match for our mission. We are on a mission to empower property owners to become lien holders with quality sellable private mortgages. When a property owner has systems in place to qualify the borrowers and secure the debt, this is a good sign. Here’s a video explaining how our clients use private mortgages to sell their properties.
About Our Underwriting
Our underwriting changes periodically and can get nuanced. Here are the broad strokes to help you see
if your private mortgages may qualify.
| Qualify | Disqualify |
| Under Contract | Not Under Contract |
| Not in a flood zone | Maybe in a flood zone |
| No wetlands | May have wetlands |
| Not in HOA/POA | Maybe in HOA/POA |
| Has Physical/Legal Access | Unconfirmed access |
| Less than 50% LTV | Greater than 50% LTV |
| Closing Date is more than 7 days out | Closing Date is less than 7 days out |
| Experience Level - have completed more than 12 deals like this in the last 6 months | Experience Level - have not completed more than 12 deals like this in the last 6 months |
| Minimum Loan Amount 5k | We don’t make loans under 5k |