In the case of borrower default, Prominent Funding is financially incentivized to handle all borrower negotiations and legal actions on your behalf. All our notes are secured by real estate. This means that if the borrower defaults and, after all reasonable attempts have been made to modify the loan the borrower still does not pay, we can foreclose on the borrower and sell the home. We protect our investments by purchasing notes with large equity and low investment-to-value. We have the systems and partnerships in place to execute these transactions efficiently and cost-effectively.