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 hypothecated note
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.
Three documents
A promissory note from Blalock & Co, a loan agreement, and a security agreement pledging your collateral. Indiana law, Indiana venue. Attorney-prepared.
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.
Partials and whole notes
Buy a defined block of payments outright, or take assignment of an entire note. Both available — ask 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 conversationWe 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 commitmentWhen a note fits, you get the Note Performance Data Sheet: property, valuation basis, investment-to-value (ITV), pay history, and the collateral pledged to you.
Documents
Your attorney is welcomeNote, 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 weeksTaxable 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 payments
Ongoing · nothing to manageA fixed payment arrives on the same date each month by ACH. A licensed third-party servicer collects from the homeowner and produces the underlying record.
Reporting
MonthlyA 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 termPrincipal 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.