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By selling a note with First National Acceptance Corporation, you can get up to 97% of the UPB. In this episode, Dan Deppen sat down with Rachel Sims of First National Acceptance Company (FNAC) to discuss what exactly they do. Rachel has been purchasing Notes for over six years and is now working with performing and reperforming Notes in all 50 states. FNAC buys notes from individual investors and brokers. Rachel discussed their process for buying notes, how COVID didn't disrupt their business the way they initially expected, and also some unique situations they have run into.
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By Dan Deppen4.6
2828 ratings
By selling a note with First National Acceptance Corporation, you can get up to 97% of the UPB. In this episode, Dan Deppen sat down with Rachel Sims of First National Acceptance Company (FNAC) to discuss what exactly they do. Rachel has been purchasing Notes for over six years and is now working with performing and reperforming Notes in all 50 states. FNAC buys notes from individual investors and brokers. Rachel discussed their process for buying notes, how COVID didn't disrupt their business the way they initially expected, and also some unique situations they have run into.
Love the show? Subscribe, rate, review, and share!
Join the The Note Investor Community today:

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