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First National Acceptance Company

241 E Saginaw, East Lansing, MI 48823
Thomas Muth, Manager
800-774-3622 (Landline)
Note Buyers

Short Description

First National Acceptance Company, a subsidiary of First National Bank of America, has been a principal buyer of 1st position, performing real estate notes, Nationwide for over 45 years. As a pioneer in the note buying industry, we offer some of the most competitive pricing regardless of note size! In addition to purchasing notes on single-family homes, we specialize in unique property types such as mobile homes, vacant land, mixed use, commercial, etc. When you broker a note to FNAC, we won

Business Details
3
WHAT TYPES OF SECURITY/COLLATERAL DO YOU LIKE?:
SFR
Condo
Co-op
Residential Land
Mobile / Manufactured Home
Multifamily
Commercial
With improvements Residential
Without improvements Residential
With land
Small
Large
Industrial
Land
Taverns
Farm Land
With improvements
Without improvements
Without improvements
4
Minimum Investment per Loan:
10,000
Maximum Investment per Loan:
1,000,000
Do you buy pools / portfolios?:
Yes
Do you have a minimum discount?:
Yes
Percentage:
5
Do you have a minimum payor credit score?:
Yes
Score:
525
1
WHAT TYPES OF NOTES OR ASSETS DO YOU BUY?:
Senior Lien (1st Lien)
Performing
Seller Financing
2
WHAT STATES DO YOU BUY FROM?:
National
6
Do you lend money?:
No
Do you offer educational services?:
Yes
Link:
https://fnacusa.com/education-center/
Do you work with brokers?:
Yes
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Contact Persons
Manager
Business Hours
GMT -05:00
Open by appointment
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PTE Group, Inc

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Newport Beach, CA 92663

Phone: 949-200-7109

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