Lakeshore Mortgage Services, Inc., has been providing cash for contracts, notes and trust deeds since 1979. You can sell all or various portions of your contract, giving you a lump sum of money now instead of waiting for periodic installments. We quote net prices to you which means that we pay all of the closing costs. All quotes are free and without obligation.
We can purchase a portion of the current balance with you retaining ownership of the remaining balance. This is called selling a "partial" portion and this is usually done when you don't need all of the cash you would get when selling the entire balance. This usually means that over the life of the contract you will receive all or more of the current principal balance and we still pay all of the closing costs just as we always do.
We can also purchase your contract by paying you a lump sum now and let you continue to receive the monthly payments for the specific time period you need. This program helps property sellers qualify for a new home by enhancing both the amount of their down payment and their total monthly income.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154