Start a Confidential Conversation

Mortgage Note Purchasing Services

for Community Lenders

We can help. We specialize in providing confidential note servicing and exit options for community lenders.

When your note's investment starts slipping, it helps to have someone familiar with how balance sheets work, court timelines, because they also know how to talk to clients without making things worse.

Sterling Run Capital purchases mortgage notes from borrowers throughout Central Pennsylvania and offers conservative underwriting and quality servicing.

Performing Mortgage Notes

The Situation

Sometimes a loan is performing but it’s:
  • Non-core
  • Small balance
  • Legacy
  • Outside current geographic focus
  • Ties up capital that you would rather deploy elsewhere

Our Approach

We buy performing first-lien real estate-backed notes where:
  • Verified collateral
  • Stable borrower payment history
  • LTV is reasonable
  • Legal enforceability is clear

We buy to hold, and patiently compound.

The Outcome

  • Immediate liquidity
  • Capital redeployment
  • Clean execution
  • Ongoing borrower continuity
     

Select Transitional & Non-Performing Notes

The Situation

Some loans require:
  • Workout negotiation
  • Legal clarity
  • Strategic patience

These assets demand discipline, not aggression.

Our Approach

We underwrite:
  • Collateral value
  • Borrower history
  • Title & lien position
  • Expected legal timeline
  • Carry costs and IRR sensitivity

We seek cooperation, and enforce when required.

 

The Outcome

  • Predictable resolution
  • Reduced administrative burden
  • Protection of institutional reputation
Start a Confidential Conversation

A Process that is Clear and Straightfoward

A Simple, Professional 3-Step Process
Sterling Run share

SHARE THE SITUATION

Either give us information about your loan or a mini-tape to evaluate.

Sterling Run evaluation

We Underwrite Carefully

We assess documentation, collateral, borrower performance and risk timeline.

Sterling Run close cleanly

CLOSE CLEANLY

If there is a match, we move on cleanly, ensuring continuity with the borrower.

No committee approvals needed. No last minute haggles on price. No reputational risks.
 

Our Underwriting Discipline

How we're different:
  • Sound loan-to-value targets
  • First-lien preference
  • Multiple exit optionality
  • Capital preservation first

We generate yield at acquisition, not with speculation.

Sterling Run taupe shield logo

What Makes Us Different

Long Term Holders, Not Traders

Sterling Run buys to steward notes over time.

We are not:
  • Brokers
  • Assignment intermediaries
  • Volume-driven aggregators

Once we commit, we close.

Respect for Borrowers & Communities

We understand:

There’s a human on the other side of every note.

We prefer:
  • Cooperative workouts
  • Structured solutions
  • Professional communication

Escalation is the last resort.

Lean, Direct Execution

  • No institutional committee drag
  • No payroll bloat
  • Outsourced specialists where needed
  • Founder-level decision-making

You deal directly with the decision-maker.

Who This Service Is For

  • Community banks
  • Credit unions
  • Regional portfolio managers
  • Real estate and bankruptcy attorneys
  • Select private investors

If you need a secondary market for your real estate notes, Sterling Run is here to help.

 

Five Things Every Note Holder Needs to Know

Before selling a note, ensure you understand:

  • The difference between owning paper and owning property
  • How legal timing dictates yield
  • Why purchase discipline determines return

Download:
“Five Things Every Note Holder Needs to Know.”

Discreet Balance Sheet Solutions Start With a Conversation.

If there are loans in your portfolio that you would like to remove for any reason (performing, legacy, transitional), we are happy to look at them and give you a reliable, clean exit

Submit a Note for Review