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Celtic Financial rehabilitates homes to bring them up to modern standards and sells them to homebuyers. Rehabilitation of these homes brings them up to neighborhood standards and improves property values.
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Celtic Financial buys private mortgage and Deed of Trust notes which were executed through seller financed mortgages, owner financed mortgages, land contracts, contracts for deed, Agreement for Deed or Bond for Deed. Celtic Financial has the expertise to purchase any type of existing real estate lien note. We can structure a transaction to meet note-holder's needs. Our specialized programs allow us to purchase mortgage notes anywhere in the United States.
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We Purchase
Mortgages
Deeds of Trust
Trust Deeds
Security Deeds
Land Contracts
Contract for Deed
Vendor's Lien
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Types of Purchase
Full Purchase
Partial Purchase
Installment Purchase
Portfolios
Balloon Payments (all of part)
Monthly, Quarterly, or Annual payments
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Property Types
Single Family Residential
2-4 Family Residential
Condominiums
Mobile Homes with Land
Co-Ops
Multi-Family (5+ Units)
Commercial Land
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Documentation
The information listed below will make it possible for us to process your submission quickly.
1. Promissory Note
2. Lien Instrument (mortgage, deed of trust, land contract, vendor's lien, etc.)
3. Settlement (closing) Statement
4. First Lien Information (if applicable)
5. Pay History
6. Title Insurance Policy (if available)
7. Color Photos and/or Appraisal (if available)
8. Payor Information (Employment information, complete address, phone numbers, social security numbers)
9. Fire Insurance Policy
10. Sales Contract
11. Survey or Subdivision Plat
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Fast Approval
After Celtic Financial receives the information listed in the Documentation Section, we will quickly respond with a conditional approval.
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Fast Closings
Upon acceptance of the conditional approval, our underwriting department begins the due diligence process. Most closings are complete within ten working days after acceptance.
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Other Services
Celtic Financial also purchases:
Structured Settlements
Business Notes
Annuities
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