Our Process for buying your Non-Performing Loans

We’ve engineered a transparent and low friction process for purchasing business purpose, non-performing loans secured by CRE, multifamily and new construction nationwide up to $10MM. Our goal is to provide lenders with a clear, predictable and simple path to divesting their NPLs, ensuring a seamless transaction from initial contact to closing.

1. Initial Inquiry

Contact us and provide some basic datapoints about your NPL for a prompt preliminary review.

2. Analysis & Valuation

Our underwriters determine the highest price we can pay for your loan and still meet our business goals.

3. Offer & Agreement

We present our offer. If it works for you, we move forward and sign your or our loan purchase and sale agreement. If not, we stay in contact for the next opportunity.

                                                       
       

4. Due Diligence

We collect loan documents and servicing records from you, order a title policy and an exterior valuation if we need one. This process takes 2 weeks or less.

5. Closing & Funding

We close with your closing attorney or ours, and fund by wire at closing.

The Sophinvest Advantage

We structure our acquisitions to be a win-win, providing you with maximum value and minimum hassle, ensuring that you will want to do business with us over and over.

Attractive Purchase Price

We can pay par when sufficient equity exists on desirable collateral in lender-friendly states.

Quick Offer

We will tell you what we can pay for a loan quickly, with minimal information required upfront.

Fast Due Diligence

Our experienced team ensures a streamlined and rapid due diligence process to close faster.

No Seller Warranties

We purchase loans without requiring burdensome or risky seller warranties, providing you a clean exit.

Closing in Cash

We close transactions in cash for the full purchase price, providing you with immediate capital to redeploy.

Flexible Closing

We offer the flexibility to close with your closing attorney or ours.

Required Datapoints for a loan to be reviewed for acquisition

To evaluate a loan for possible acquisition and provide our offer, we require the following basic datapoints:

  • Collateral address
  • Current Unpaid Principal Balance (UPB)
  • Current legal balance / payoff amount
  • Loan interest rate & Default interest rate
  • Maturity date
  • A copy of the last available appraisal, if possible

Ready to Get Your NPLs Off Your Plate?

Our team is standing by to assist you. Contact us today to discuss one of your NPLs and see how we can help: