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Buy Defaulted Loans

LoanMLS is the number one place to buy defaulted loans online.

LoanMLS is a classified advertising site for loans. LoanMLS provides a central place for brokers, lenders, bankers, and investors to buy, sell or fund loans. LoanMLS lets you search for defaulted loans and other types of loans that are for sale. Listings may be for an individual loan or pools of loans and may be for any type of loan: residential or commercial, secured or unsecured. There is NO FEE to buy a loan through LoanMLS. All fees are paid by the seller. You can search for listings of individual defaulted loans or for pools of defaulted loans.

Choose:
  • Loan Amount

  • Interest Rate

  • LTV

  • Location

  • And more...

Click here to get started.


Frequently asked questions about buying defaulted loans

How does LoanMLS help me?
Whether you wish to buy a loan, sell a loan, or fund a loan, LoanMLS can provide a central place for brokers, lenders, bankers and investors to exchange information with no commissions, and no registration fees.

What is the best way to buy defaulted loans online?
LoanMLS provides the best way for brokers, lenders, bankers, institutions, and investors to buy defaulted loans, fund defaulted loans, and sell defaulted loans.

How do I buy a defaulted loan?
Register at no charge, then look for the defaulted loans that are for sale. Hundreds of sellers of defaulted loans have ads for the loans they want to sell.

Why buy defaulted loans through LoanMLS?
LoanMLS is the country's leading destination online to sell and buy defaulted loans. New defaulted loans are listed on LoanMLS every day.

Who are the buyers of defaulted loans for sale through LoanMLS?
Buyers of defaulted loans include defaulted individuals, banks, defaulted equity funds, and hedge funds.

Does LoanMLS have a wide variety of defaulted loans to buy?
Yes, choose from a wide variety of loan amounts, loan to value, location, length of the loan, and more.

Should I purchase a defaulted loan?
The decision to purchase a defaulted loan is entirely up to you. LoanMLS does not provide specific advice about the defaulted loans for sale on this site. A buyer of defaulted loan should realize that all information about the loans are provided by the seller of defaulted loans and you will need to contact them with any questions you may have.

Is purchasing a defaulted loan a good idea?
The decision regarding purchasing a defaulted loan is entirely up to you. A buyer of defaulted loan should understand that all information about the loans are provided by the seller of defaulted loans and you will need to contact them with any questions you may have.

Is buying a defaulted loan a good investment?
The decision regarding buying a defaulted loan is entirely up to you. LoanMLS does not give advice on the defaulted loans that investors are thinking about buying on this website. A buyer of defaulted loan should understand that all information about the loans are provided by the seller of defaulted loans. Contact them with any questions you may have.

How do I invest in defaulted loans?
If you are thinking about investing in defaulted loans, then register at LoanMLS today to see all the loans listed for sale.

How do I go about finding defaulted loans for sale?
If you are interested in finding defaulted loans for sale, then register at LoanMLS today to see all the loans listed for sale.

How do I find sellers of defaulted loans for sale?
If you are interested in finding sellers of defaulted loans for sale, then register at LoanMLS today to see all the loans listed for sale.

Does LoanMLS have seller financed defaulted loans for sale?
Yes, choose from a wide variety of seller financed defaulted loans for sale, including various loan amounts, loan to value, location, length of the loan, and more.

How exactly does LoanMLS work?
LoanMLS is a nationwide online exchange marketplace and national defaulted loan auction site for defaulted loans being sold in the secondary market. LoanMLS is a web based loan exchange for defaulted loans, which includes peer to peer lending, selling, and purchasing. LoanMLS is a defaulted loan listing service and is similar to the best defaulted loans brokers, except for the fact that you do not have to pay any commission when you are selling or purchasing defaulted loans. LoanMLS is one of the top defaulted loan websites for the defaulted loan investor. Many different types of investors purchase defaulted loans through LoanMLS including both private equity and hedge funds. Our defaulted loan investor website is where investors can view new defaulted loans which are listed frequently. You can find defaulted loans to buy as well as purchase defaulted loans on LoanMLS through our online classified ads for defaulted loans. Our online classified ads include ads for defaulted loans from sellers of defaulted loans who are looking to sell. Our directory of buyers of defaulted loans for sale and defaulted loan listings includes people who are selling defaulted loans online. Sellers also have portfolios of defaulted loans for sale. Don't just look at the internet listings on Craigslist. LoanMLS is the place to go when you want to learn how to buy defaulted loans.

What kinds of defaulted loans are people buying?
There are many types of defaulted loans which are currently available on LoanMLS including troubled, defaulted, behind, bad or delinquent defaulted loans. Loan MLS also has defaulted defaulted loans for sale, non performing defaulted loans for sale, bad defaulted loans for sale, nonperforming defaulted loans for sale, and seller carry back defaulted loans for sale.

How do you sell a defaulted loan?
LoanMLS helps you find someone who will buy a defaulted loan by posting your classified ad in our classified ads section at LoanMLS. Listing defaulted loans for sale on our website is both simple and easy.

In which states does LoanMLs have defaulted loans for sale?
Our defaulted loan website has defaulted loans for sale in California, defaulted loans for sale in Florida, defaulted loans for sale in New York, defaulted loans for sale in Texas, defaulted loans for sale in Illinois, defaulted loans for sale in Nevada, and defaulted loans for sale in Michigan as well as in most other states. You may see the states abbreviated as CA, FL, NY, TX, IL, NV and MI. So if you would like to find a seller of defaulted loans, please check out our list of defaulted loans for sale today!

Individuals buy Bad Debts as well as buying Bad Loans. LoanMLS also has Troubled Loans for sale.

50% LTV; 686 FICO; Cash-Out
California
Our borrower, with relatively good credit scores, used the proceeds of our mortgage loan against his...
VIEW DETAILS »
Price:$135k
UPB%:100%
Rate:8%
LTV:50%
YTM:N/A
65% LTV; Cash-Out Refi of a
Texas
Our borrower used the proceeds of our mortgage loan against his N/O/O investment property to grow...
VIEW DETAILS »
Price:$133k
UPB%:100%
Rate:9%
LTV:65%
YTM:N/A
$1,333.33/Month Interest!,
Texas
Get 8% interest on your money, secured by real estate thats worth much more than the loan amount,...
VIEW DETAILS »
Price:$200k
UPB%:100%
Rate:8%
LTV:30%
YTM:8%
1st lien performing loan in
Texas
Newly originated loan. House sold to a contractor with a DTI of 18%. The borrower put $7,300 out of...
VIEW DETAILS »
Price:$52k
UPB%:100%
Rate:12%
LTV:58%
YTM:13%
67% LTV Performing 10% Note
Nevada
Seller Financed Note secured by 641.68 acres of land located ~2 miles west of Carlin, NV. Access...
VIEW DETAILS »
Price:$150k
UPB%:100%
Rate:10%
LTV:67%
YTM:N/A

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