Delinquent mortgages are on the rise causing increased demand for investors that will purchase notes with past due payments. Accordingly, we would like to pass along this valuable Note Buyer Directory update to our readers.
DMO Direct Funding, LLC
218-A E. Eau Gallie Blvd. #110
Indian Harbour Beach, Florida 32937
Main Office: (321) 777-2833
Fax: (321) 777-2834
Web Site: www.DMODirectFunding.com
DMO Direct Funding works with investor groups purchasing portfolios of delinquent mortgages. The preferred portfolio size is a minimum of $3 million or more of outstanding loan balance. A portfolio or pool is made up of multiple mortgage notes and is usually presented in an excel spreadsheet format.
DMO Direct Funding will work with and pay referral fees to brokers that have a direct relationship with the portfolio holder. Please contact Doris O’Halloran at DMO Direct Funding for more information.
For a complete listing of private mortgage investors please refer to the Directory of Owner Financed Note Buyers and Service Providers – 2009 Edition.