Springleaf Financial Services

Personal Loan Solutions

Full mortgage purchase loan

No risk - immediate reward

You've sold your property and taken back a first or second mortgage from the buyer. Now the buyer is making payments to you - and you want or need more cash. Will the buyer make all payments, in full, in a timely manner? If not, what will you do?

A full mortgage purchase may be your best solution, freeing you from uncertainty and risk and providing an immediate reward. Sell your mortgage to us and get the cash you need.

How it works

A full mortgage purchase is the entire purchase of a first or second mortgage which you hold on the property where the buyer agrees to make payments directly to you.

With a full mortgage purchase from Springleaf Financial Services, you can:

  • Get your cash right now. Get the money owed to you for the sale of your property, in full, immediately. Use the money for whatever you choose - to pay down debt, to furnish or make improvements to your new home, or to invest more profitably.
  • Eliminate risk and the hassles of collection. Whether the buyer pays is not your concern. You no longer have to deal with following up on payments.
  • Relax and quit worrying. We'll handle all the details, complications, and hassles. You're no longer tied to the property or the responsibilities that go with owning it.

How to apply

Call or drop by your local Springleaf Financial Services office today and ask one of our financial specialists about the benefits of a full mortgage purchase loan.*

To get started, apply online, contact the branch nearest you, or call us toll-free at 1-800-961-5577.

We also offer Partial Mortgage Purchase Loans.

*All loans subject to our normal credit policies.