For investors

A fixed rate, a named collateral note, a defined maturity.

One partner. One pledged note. One address you can drive past. Everything you lend against is named in your documents and open to inspection.

The product

The note-secured loan

You lend Blalock & Co a fixed amount under a written promissory note. We pledge a specific mortgage note we own — identified by borrower, property, and document — as collateral for your loan.

Interest arrives monthly at a fixed rate. Principal returns at maturity. Your payment doesn't move with the homeowner's balance, the property's value, or our portfolio.

In the industry, this structure is called a hypothecated note.

What you hold

Three documents

A promissory note from Blalock & Co, a loan agreement, and a security agreement pledging your collateral. Indiana law, Indiana venue. Attorney-prepared.

Where the collateral sits

Third-party custody

The original pledged instrument sits with an independent custodian, not in our filing cabinet. Possession is what makes a pledge real; independent custody is what lets you verify it.

Also available

Partial notes

Buy a defined block of monthly payments for a set price. Ask about it on a call.

Your checklist, start to finish

Seven steps from the first phone call to your principal coming back.

  • Discovery call

    20 minutes · just a conversation

    We walk through a note we already own — balance, valuation, pay history, what it's done since. You ask whatever you want.

  • You see the file first

    Before any commitment

    When a note fits, you see its full file: property, valuation basis, investment-to-value (ITV), pay history, and the collateral pledged to you.

  • Documents

    Your attorney is welcome

    Note, loan agreement, security agreement — defining your rate, your term, early payoff, and default. Take them to your own advisor. Take a week.

  • Funding — including from an IRA

    1–2 weeks

    Taxable accounts fund directly. Self-directed retirement accounts fund through your custodian — we work with Advanta IRA and know their paperwork, which is the difference between a two-week close and a two-month one.

  • Monthly interest

    Same date, every month

    Blalock & Co pays your interest on a fixed date each month. We can work with your bank account or help you set up a Self-Directed IRA.

  • Reporting

    Monthly

    A PDF statement: payments made to you, the pledged note's balance and pay status, and any delinquency — plus the servicer's own statement, not our summary of it. Straight to your inbox.

  • Maturity

    End of term

    Principal is returned and the pledge is released. If you'd like to go again, you get first look at the next one.

On returns. We are not publishing a rate on this website. Return figures, eligibility and offering language are with securities counsel before they appear anywhere public. For current terms, ask on a call.