Who is Revolve Capital Group
Revolve Capital Group is a private equity firm that specializes in the acquisition, management, and selling of 1st Lien Distressed Mortgages purchased directly from Top Tier 1 banks.
How do I place an offer?
Does Revolve Capital Group provide excel sheets of available notes?
Is there a fee to purchase a loan?
There is no fee or commission you will have to pay when buying directly from us. Our strike price is the amount we wish to sell the loan for with no fees or commissions built in.
How long can I expect to wait for a response for my offer?
During normal business hours M-F, you should hear back within 24-hrs. Outside of normal business hours, we will respond within 48-72hrs.
Can I cancel an offer after I've place it?
You may cancel your offer at any point prior to your due diligence being complete. Once you’ve identified your due diligence is complete, and submit an offer, we would expect you to honor the offer.
What happens after my offer is accepted?
Upon your accepted offer, Revolve's diligence team will be in touch to transfer the required due-diligence items.
Once due-diligence is complete, we move forward to drafting up the Mortgage Loan Purchase Agreement (MLPA), and we schedule the date of funding and service transfer.
How do I take ownership of a note?
Once the service transfer has taken place, you will receive an assignment of mortgage and an allonge that ties your entities ownership to that loan/property.
How long will I have to close?
Once your due diligence is complete, we ask you to fund and close within 72hrs. If you need more time, 7-10+ days, we ask that you place down a 10% non-refundable deposit to lock in the asset.
How do I send the money when I buy a note?
Via a wire transfer or ACH Payment.