The Note Knowledge Hub
Everything you need to understand, value, sell, or invest in mortgage notes — guides, checklists, charts, and downloadable tools, all in one place.
Start Here: Note Foundations
New to mortgage notes? These build the base everything else rests on.
What Is a Private Mortgage Note?
The plain-English pillar: what a note is, how it differs from the mortgage, and how they're created.
Live · GuideIntro to Notes
A beginner-friendly starting point for understanding mortgage notes.
Live · GuideEducational Video Series
Jay and Kyle break down note investing on video, topic by topic.
Live · VideosAnatomy of a Mortgage Note
A one-page visual breaking down every part of a note: principal, rate, term, lien, and more.
Infographic · Coming soonMortgage Note Glossary
35+ note terms defined in clear language, from amortization to unpaid principal balance.
Live · ReferenceThe Note-Status Spectrum
Every note falls somewhere on the performance scale — and where it sits drives its risk, price, and yield.
Performing
Paid as agreedSub-Performing
Paying, but not as agreedNon-Performing
Payments have stoppedRe-Performing
Paying again after default| Status | What it means | Payment behavior | Typical price | Risk & return |
|---|---|---|---|---|
| Performing | Borrower is paying as agreed | Current / on time | Highest (closest to balance) | Lower risk, steadier return |
| Sub-Performing | Paying, but not on the original terms | Partial or chronically late | Moderate discount | Elevated risk |
| Non-Performing | Borrower has stopped paying | Seriously delinquent / in default | Deep discount | High risk, high potential return |
| Re-Performing | A non-performing note now paying again | Resumed, often after a modification | Moderate discount | Improving; seasoning matters |
Seller Financing
Creating a note you carry — and protecting its value over time.
Our flagship series on the red flags that quietly lower a note’s value — available three ways, so you can read, watch, or present it.
Seller Financing Tips
How to structure a clean seller-financed deal from the start.
Live · GuideTitle Insurance for Seller-Financed Notes
Why a lender’s and owner’s policy protect your note and its value.
Coming soonThinking About Selling a Note?
Understand what your note is worth and how to get the best offer.
Learning to Invest in Notes?
Evaluate, protect, and manage notes like a seasoned investor.
Have a mortgage note? Let's find out what it's worth.
Get a free, no-obligation quote, or sell all or part of your note for a lump sum.
Want to learn live? Join Note Talks — free, the last Thursday of every month at 12:00pm EST.Disclaimer: Cassidy Investment Group, LLC provides this content for general educational purposes only. It is not financial, investment, tax, or legal advice and does not constitute an offer to buy or sell any security or investment. Mortgage note investing involves risk, including possible loss of principal. Consult qualified legal, tax, and financial professionals before making decisions about buying, selling, or investing in mortgage notes.