Mortgage Note Capital vs Note Buyers of America
Note Buyers of America (NBOA) — which also markets under the soldmynote.com brand — has been buying seller-financed notes since 1997, reports $50M+ purchased, and claims a #1 position in Texas. It buys all types of seller-financed notes nationwide. Here's an honest comparison for an individual note holder.
| Feature | Mortgage Note Capital | Note Buyers of America (soldmynote.com) |
|---|---|---|
| What they buy | Performing & non-performing private mortgage notes, owner-financed notes, land contracts, promissory notes | All types of seller-financed notes |
| Track record | Founded by Adam Lambert; direct buyer | Buying since 1997; reports $50M+ purchased |
| Geography | Nationwide; deep Texas & Southeast focus | All 50 states; self-described #1 in Texas (soldmynote.com is its Houston/TX landing brand) |
| Direct buyer or broker | Direct buyer | Direct buyer |
| Texas focus | Deep Texas & Southeast pricing focus | Heavy Texas/Houston marketing via soldmynote.com |
| Transparency tools | Free note value calculator and clear how-we-value page | Quote-by-request |
A direct Texas-focused buyer since 1997
Note Buyers of America (NBOA) is a credible, established direct buyer. It has been purchasing seller-financed notes since 1997, reports more than $50 million purchased, operates in all 50 states, and markets a #1-in-Texas position through its soldmynote.com landing brand (its Houston/Texas-facing site). It buys all types of seller-financed notes, which is a genuinely broad appetite. For a Texas note holder in particular, NBOA's local marketing and long track record make it a natural buyer to include in your comparison.
A quick note on the two brands: NBOA and soldmynote.com are the same operation. If you've requested a quote from one, you've effectively contacted the other — worth knowing so you're not double-counting buyers when you compare offers.
Where Note Buyers of America stands out
NBOA's strengths are longevity, a broad seller-financed appetite, and an explicitly Texas-centric marketing footprint. A seller in Houston or elsewhere in Texas who wants a buyer that clearly works the local market every day will find that focus reassuring. Buying since 1997 also signals that NBOA has weathered multiple market cycles, which matters when you're trusting a counterparty to close.
Where Mortgage Note Capital fits
We compete directly in the same space — owner-financed notes, with deep Texas and Southeast focus — and we differentiate on transparency and breadth:
- Transparency before the conversation. Our free note value calculator gives you an estimated offer range before you ever talk to us, and our how-we-value page explains the math. You don't have to request a quote blind to learn roughly what your note is worth.
- We buy across the credit spectrum. Performing or non-performing, first lien or (case-by-case) second, clean payer or a note that needs a workout. If your borrower is behind, we'll value the note on the property and recovery rather than turning you away.
- A single point of contact through closing, and a straight answer on whether your note is a fit.
Like NBOA, our pricing edge comes from the regions where the most owner-financed notes are created — Texas and the Southeast — and where fast non-judicial foreclosure supports strong collateral values.
How to decide
- A Texas seller who wants a buyer with deep local marketing and a long track record? NBOA fits that brief — get their quote.
- A seller who wants to see an estimated range before any call, or who holds a non-performing or unusual note? Start with our calculator and request a quote.
As with any note, get more than one quote. Because NBOA and soldmynote.com are the same buyer, make sure your comparison set includes genuinely different buyers.
What both buyers will ask for
The diligence is similar wherever you sell. Prepare the original promissory note, the recorded deed of trust or mortgage, the closing statement, a documented payment history (ideally from a servicer), proof of insurance, and current title. Both buyers price notes on the present value of remaining payments, weighing the interest rate, seasoning, borrower equity (loan-to-value), lien position, the property, and state foreclosure speed.
Two Texas-focused buyers — how to choose
When two buyers both market hard in Texas, the decision usually comes down to experience and transparency, not appetite — both NBOA and Mortgage Note Capital want owner-financed Texas paper. NBOA brings a since-1997 history and an aggressive local presence. We bring an upfront valuation tool and a single point of contact who owns your deal from quote to close. Neither is universally better; they suit different sellers. The fair way to decide is to get a real quote from each, run both numbers against our calculator's independent range, and ask each buyer the same questions: Is your offer firm? Who pays closing costs? How fast can you fund? A transparent, well-explained offer that holds through diligence is worth more than a higher number that erodes — and seeing two real quotes side by side is the only way to know which buyer is treating your note fairly.
The bottom line
Note Buyers of America is a credible, Texas-focused direct buyer with a track record dating to 1997. Mortgage Note Capital competes head-to-head on owner-financed Texas and Southeast paper while leading with an upfront note value calculator, a broad performing-and-non-performing appetite, and a single point of contact. Get a quote from both — and remember soldmynote.com is the same buyer as NBOA.