Why would a bank want to sell their bad loans?

R Desmond Services are loan acquisition specialists, working with community banks that have interest in selling non-performing assets:

Minimum Portfolio Size = $5,000,000
This is the appraised property value amount
Will consider smaller portfolios on a case by case basis

Purchase Non Performing Loans in All 50 States

Purchase both Residential and Commercial Portfolios

Residential –

Appraised Property values should average at least $100,000+

Note purchasing pools with low property values under $100,000

Prefer Owner-Occupied

First Position Notes Only

Commercial –

Property values should average at least $500,000

No Warehouses

First Position Notes Only

Contact us today at info@rdesfinancial.com to learn more!

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