Performing 1st Position Note Available — Small Balance, Strong Pay History

I’ve got a clean performing 1st position note that came direct from the seller’s side. Doesn’t fit my current buyers’ mandates (they’re more focused on CRE and 2nd lien wraps), so I’m sharing it here in case it fits someone’s buy box.

Snapshot:

• 1st lien – owner-occupied SFR

• Burnham, IL (Cook County)

• UPB: $76,500 @ 6%• $607/mo P&I – 5+ years consistent performance

• Remaining term: ~199 payments

• Value: $180K+ (≈42% LTV)

• Serviced by Madison Management

• Clean, performing, no drama

• Seller raising capital → open to reasonable pricing

If this fits your criteria, I can connect you directly with the seller’s representative. I’m acting strictly as a matchmaker on this one.

DM me for more info

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