stop collecting payments!


Are you receiving monthly payments from a seller-carryback mortgage?

Would you rather have a lump sum of cash instead?

We’ll pay you top dollar for your mortgage.

Complete the form for a free no obligation quote or If you prefer, give us a call at 919-205-9737

2 + 9 =

Why Choose Us

The Paper Xchange is a loan acquisition company based out of the Raleigh-Durham area in North Carolina. We are a national buyer that specializes in the acquisition of privately held Mortgage Notes, Non-performing Mortgage Notes, Trust Deeds, Land Contracts, Contracts for Deed, Mobile Home Notes, and Commercial Notes. Whether you are looking for cash to reinvest, pay off debt, or meet some unexpected need you can rest assured that you came to the right place. We can purchase your note quickly, providing you with immediate liquidity and our offers are always competitive. CALL TODAY and we’ll even give you a FREE Amortization Schedule for your note. We look forward to hearing from you and helping you turn your note into CASH!


No Hidden Fees

It won’t cost you anything to sell your note. We cover all of the costs. You will receive a wire for the amount that we quote to you.


Late Payments?

Each note is considered on a case by case basis. We may be able to still purchase the note depending on the other factors.



Do you know someone who is receiving payments on an owner-financed note? We pay referral fees for new business!

How It Works

The Process is Fast and Easy because we do all of the work.

We can usually have CASH to you in 30 days or less.

Request a Quote

We just need some basic info about the property and note and we’ll get back to you within 24 hours with a quote. Keep in mind there is no cost or obligation to get a quote!


Receive an Offer

If you like our offer, just send us a copy of the note, then we can put together a written agreement for you to sign.


Final Review

You return the signed agreement along with the closing statement and proof of payment history. We’ll order title work, appraisal, and a credit report on the payor – all on our dime!

Quick Closing

Once we verify all of the details, we’ll set up a closing at your local title company. You take care of the paperwork and the title company will wire your funds to you. 

Frequently Asked Questions

These are our answers to the most commonly asked questions about selling your note. Please send us an email if you have anything further.

Will it cost me anything to get a quote?

There is no cost or obligation to get a quote. Just call us or complete the online form and we’ll give you an exact quote of how much cash we will give you for your note.

Will it cost me anything to sell my note to you?
No, we cover all of the costs. You will receive a wire for the amount that we quote to you.
How long will it take to get my cash?
Typically we close within 3-4 weeks, but we ask you to allow 45 days in case of any unforeseen title or foreclosure issues that need to be resolved.
How does the purchase process work?
If you like our quote, we’ll prepare a simple agreement confirming the details. We will gather information from you, order title work and an appraisal, and we may get a credit report on the payor. Once we verify all of the details, we’ll schedule the closing.
Where will the closing take place?
We typically close at a title company or attorney’s office in the county where the property is located. If you already have a title policy, we will close at the same title company or attorney’s office who issued the policy.
What documents do I need to give you?
If you accept our offer, in order to prepare the note purchase agreement, we will need to have a copy of the note, mortgage or deed of trust, and settlement statement from when you sold the property.   (You’ll need to bring the original note and your driver’s license to the closing.)

We will also need proof of on-time pay history, typically copies of the checks or post-marked enveloped. If those are unavailable, we can sometimes use your bank statements showing the deposits made each month.

It will speed up the process if you also give us any previous appraisal or title work that you may have.

Prior to closing, we will call the homeowner’s insurance agent to have our name added to the property insurance as a mortgagee insured.

Are you going to contact the payor on the note?
We only contact the payor after you have signed our note purchase agreement and made the decision to proceed with the sale.
Can you still buy my note if payments have been late?
Each note is considered on a case by case basis. We may be able to still purchase the note depending on the other factors.
What if the property taxes are delinquent?
We generally do not buy a note if the property taxes are delinquent because the note would technically be in default. As the seller of the note, we do not allow you to pay the delinquent taxes out of your proceeds from the sale of the note.
Does my spouse have to sign the Note Purchase Agreement?
If the note is payable to both you and your spouse, both you and your spouse will need to sign the agreement.
Do you buy land contracts?

Yes, we buy land contracts. In some cases, we may want to help you convert the contract to a mortgage or deed of trust prior to our purchase.

Do you buy notes secured by mobile homes?
Yes, we can buy the note if the mobile home has been permanently affixed to the ground and is now considered real estate.
Do you buy notes secured by commercial properties?
Yes, we buy notes secured by owner-occupied homes, rental homes, commercial properties and land.
Will you buy a new note?
We prefer to have at least three months of seasoning, that is, that the payor has made at least three payments. The longer the seasoning, the more that we can pay for the note. Ideally, we like to see twelve months of payments, but it is not required.

964 High House Rd, Unit # 2058

Cary, NC 27513