Approved Financial Corporation is a major purchaser of seller held paper. Many times a seller takes back a mortgage to help close a loan. Most sellers don’t like holding mortgages. They would rather receive a lump sum payment instead of a small monthly payment. AFC purchases these seller-held mortgages.

We purchase individual mortgages and mortgage portfolios nationwide. We pay top dollar. For mortgage purchases, AFC usually pays the closing costs.

Please call us for a quote.