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First National Acceptance Company

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

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’t ever require you to cover the appraisal or title fees and we process and pay for the closing costs, always. To discuss a note, contact us at 855-265-3397 or if you have terms of the note, please submit a Broker Fast Quote.

BUYER'S INFORMATION

3
Types of security we 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
Buys pools / portfolios:
Yes
Has a minimum discount:
Yes
Percentage:
5
Has a minimum payor credit score:
Yes
Score:
525
1
Assets we buy:
Senior Lien (1st Lien)
Performing
Seller Financing
2
States we buy from:
National
6
Lends money:
No
Offer educational services:
Yes
Works with brokers:
Yes

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Manager
Business Hours
Open by appointment
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PTE, Inc.

112 Harvard Avenue, Suite 250

Claremont, CA 91711

Phone: 949-200-7109

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