A Structured Settlement is the payment of money for a personal injury claim where all or part of the settlement calls for future periodic payments.

The Structured Settlement is composed of a combination of an immediate lump sum payment amount and a series of future periodic payments specifically designated to meet the needs of an individual claimant. We help people buy purchasing all, or part, of these remaining periodic payments for one lump sum, helping them to take back control of their financial resources.

When an offer is accepted, an application package is sent to the anniutant. Upon receiving the completed application, closing documents are submitted to the applicant for signature. The applicant will then forward the signed and notarized documents to R & P Capital. An instruction letter is forwarded to the insurance company requesting the appropriate changes to be made. Once the insurance company has acknowledged the changes and any outstanding requirements are met, the funds are released to the applicant.

• We purchase first, second and wraparound mortgages.
• Top dollar paid
• No points or hidden fees
• Fast Closings

R & P Capital Resources, Inc. specializes in the purchase of owner-financed notes secured by mortgages. We provide cash liquidity for real estate owners who have sold their property and taken back a mortgage for part of the purchase price. Often times, people find themselves in a position of needing to sell the mortgage for a number of possible reasons.

We began purchasing notes in 1989. Our funding capabilities range from $10,000 to $1 million per transaction. Our proven ability to structure purchases of creative seller financing has enabled us to become a predominant nationwide source for sellers of notes, mortgages, and loan portfolios.

In addition to individuals who have taken back seller financing, we work daily with attorneys, title insurance companies, real estate brokers, bankers and mortgage brokers who handle or refer to us mortgage notes for sale. All broker inquiries are welcome.

Our professional Staff and underwriters make closing convenient, simple and secure. After we agree on a full or partial sale of your note via our sale agreement, R&P will do all the work, including notifying the payor of your mortgage assignment after closing. We utilize a title company or attorney to be certain your mortgage is properly assigned. R&P will wire funds to your local title company or closing agent.

How We Buy

Once R&P receives complete documentation, it will take approximately 3 weeks to purchase an owner financed note. After receipt of documentation, a credit investigation is conducted, a spot appraisal (sometimes a full appraisal) is made. Once this information is received, the cash for the purchase of the note is forwarded along with a letter of instructions to the title insurance company. The title insurance company issues its mortgages in favor of R&P and disburses the cash to the seller at that time.

Mortgage Purchase Plans

We offer flexible and individually tailored plans to meet your specific financial goals. You can select from our Full Purchase, Partial Purchase or Shared Payment Purchase Plans. Call today and let our team of experts assist you in finding the plan that is best for you!

Purchasing Guidelines

R & P Capital Resources, Inc. can purchase notes secured on a lien on the following types of properties, with loan to value ratios as listed:

Required Documents:

• Copy of Note
• Copy of Mortgage
• Copy of Closing Statement
• Picture of Property
• Copy of Property Insurance Rider