How to Get Started with Mortgage Note Investing? Any Tips?

Hey everyone!

I’m curious to hear from those who’ve had experience in Mortgage Notes. There are two main types of mortgage notes – performing and non-performing – and each seems to come with its own risks and rewards.

For those of you already involved in this type of investing:

  • How did you decide whether to invest in 1st position or 2nd position notes?
  • What are your thoughts on performing vs. non-performing notes?
  • What kind of due diligence process do you go through before purchasing a note?
  • Any tips on calculating ROI or structuring the deal to meet your investment goals?

Would love to hear your experiences, lessons learned, or any resources you’d recommend for someone starting out in note investing. Thanks in advance!

1 Comments
 

Ipsum maiores asperiores id totam sed quod quia. Ipsum libero impedit eum eos recusandae sint quidem sed. Quia commodi eos sapiente ratione. Vitae fuga laborum sint doloremque aliquid pariatur soluta. Aut molestias est aut culpa rerum. Ut non iure reiciendis et et impedit sit eum.

Odio labore sequi et odit. Consequatur eos non illum eius et. Numquam provident dolores laborum asperiores.

Voluptatem consequatur ducimus et iusto velit aut omnis. Dignissimos et aut totam quo beatae. Quia beatae aut voluptatem iure velit. Accusamus velit sed est odio laudantium.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”