Purchase Guidelines
American Note Buyers buys notes from a minimum of $30,000 to a maximum of $4,000,000+ nationwide. Borrowers can have credit scores as low as 550 on performing notes and lower on non-performing. We have expedited the underwriting and closing process and minimized fees paid by the seller. Often there are no fees. View our purchasing guidelines below.
Types of Notes We Purchase
Single Notes
Seasoned or New Notes
Portfolios of Performing Notes
First Liens
Balloon Notes
Real Estate Mortgages
Contracts for Deed
Land Contracts
Deeds of Trust / Trust Deeds
Partial Interest
Large Notes ($2 Million+)
Small Notes (Min. $30K)
Types of Notes We Purchase
Single Notes
Seasoned or New Notes
Portfolios of Performing Notes
First Liens
Balloon Notes
Real Estate Mortgages
Contracts for Deed
Land Contracts
Deeds of Trust / Trust Deeds
Partial Interest
Large Notes ($2 Million+)
Small Notes (Min. $30K)
Acceptable Types of Security (Property)
Single Family Residential
Multi-Family Properties
Condominiums
Apartment Buildings
Improved Land
Unimproved Land
Commercial Properties (All Types/)
Acceptable Types of Security (Property)
Single Family Residential
Multi-Family Properties
Condominiums
Apartment Buildings
Improved Land
Unimproved Land
Commercial Properties (All Types/)
Investment to Value Requirements
Owner Occupied SFR 75%
Non-Owner OCC SFR 70-80%
Commercial Property 60-75%
Improved Land 65-70%
Unimproved Land 45-55%
Investment to Value Requirements
Owner Occupied SFR 75%
Non-Owner OCC SFR 70-80%
Commercial Property 60-75%
Improved Land 65-70%
Unimproved Land 45-55%
Loan to Value Requirements
Owner Occupied SFR 90%
Non-Owner OCC SFR 70-80%
Commercial Property 60-75%
Improved Land 65-70%
Unimproved Land 45-55%
Loan to Value Requirements
Owner Occupied SFR 90%
Non-Owner OCC SFR 70-80%
Commercial Property 60-75%
Improved Land 65-70%
Unimproved Land 45-55%
About Us
ANB Funds invests in mortgage notes and is the managing entity for multiple investment pools. By primarily investing in seasoned, first position, performing residential loans, the fund offers investors consistent, low risk returns. The notes are individually underwritten and are purchased directly from the originators or in pools. The principals of ANB Funds have been involved in lending over $8 Billion on commercial properties, invested in senior’s facilities, and bought mortgages and other properties nationwide. The company has offices in Indianapolis, Indiana and Petaluma, California.
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