AFC Investor FAQs What is mortgage investing?
A Mortgage Investor purchases all rights to a mortgage and note by providing value to the original Lender equal to the principle amount of the loan. In exchange, the original Lender assigns to the Investor all of its rights to the paper, the principle and the interest payments. You own the mortgage outright while the original Lender’s rights cease. The Borrower then mails a monthly mortgage payment to you directly-like millions of people send payments to banks every month. Or you the investor have the option to have AFC service your loans. Our servicing program is explained in great detail under the Loan servicing tab on the home page. AFC creates these mortgages and sells them to you through an Assignment of Mortgage and an Allonge. You are provided copies of all documentation. Further, you can see online that you own the mortgage by referencing the County governments website in which the mortgaged property is located.
