BankProspector is the fastest, easiest way to find and qualify banks and bank contacts with REO and late or non-performing loans – guaranteed.
Spy on Banks Legally
See what banks have for distressed portfolios. We pull REO and NPN portfolio data nightly right from the federal databases. You’ll have access to banks’ reports as many as 60 days before it’s available to most analysts via the FDIC.
Find Bank Contacts Quickly and Easily
Guides and directories are dead. No workforce can keep up with the massive turnover in the banking and financial industry today. That’s why we use the the latest crowd-sourced technology to bring you the most accurate and up-to-date information available.
Get 100% Verifiable REO & NPN Portfolio Data
Outsmart Your Competition
Inside, our experts show you:
- how to know when a bank won’t sell
- how to know which banks are selling nonaccrual loans for sure
- how to determine what types of assets a bank is preparing to sell
- how to approach a bank, including asset managers and senior executives, and a whole lot more.
Source Local REO and Note Deals
Everyone is chasing the big banks. Work smarter – there are thousands of banks with REO and non-performing loans. BankProspector will show you who they are, what they have for assets, which ones can sell and which can’t, and what assets they might be preparing to sell.
Your Satisfaction is Guaranteed
Let us know that you have canceled your subscription within the first 30 days and we’ll refund 100% of your subscription – guaranteed.
BankProspector is online software that accelerates your research and access to REO and non-performing loans.
See What BankProspector Subscribers Are Saying
We asked subscribers what they liked best about BankProspector. Here’s some of what they said:
“Simple to navigate.”
“Lets me know in an instant if the bank has any troubled assets.”
“Can get a fairly quick sense of the scale of real estate issues with specific banks.”
“Ability to find contacts in banks”
“Finding banks that fit our requirements”
“[See which) banks likely to sell or not sell. What is most on their books, and if they're selling right now.”
“Contacts via LinkedIn and Jigsaw and what is exactly available from the banks so that you can narrow the searches.”
“The best tool I’ve seen for targeting regional and smaller banks with bad paper. I just purchased Lane 2 weeks ago and I bought yours anyway.”
If I can use it anybody can use it. Tech is not my strong suit. I called [obscured] Bank and they told me they'd have something in 3-4 weeks. I also called [obscured] Cooperative based on what I found in BankProspector and I made a great connection. I've been using it for 3 days.Cam Holland
Garret Realty Group
Eric Kassel of U.S. AssetAid LLC says of BankProspector2.0 "great, absolutely great!" Eric is an expert in sourcing bulk residential REO opportunities for high net worth individuals and private equity.Eric Kassel
USAssetAid.com
John McCaffrey SVP and Managing Director of REDC, one of the world's leaders in maximized asset disposition strategies and asset management, uses BankProspector "I use it to determine which banks are heavy in the product that we sell and I track the N/A assets sold."John McCaffrey
Auction.com
Distressed Pro has been an intuitive and invaluable analysis tool that allows us to quickly access and produce detailed reports on all of the FDIC bank related data and contacts at those institutions. The technology of DistressedPro allows our acquisition team to group by specific property types in a specific region of the country and drill down to a very detailed level of information to identify potential acquisition opportunities in our sweet spot, New England. We have been using DistressedPro for over a year now and find that the time savings more than pays for the already low subscription fees.John J. Meedzan Jr
ArchStreet Financial Partners
I represent select private equity investment groups in the acquisition of performing and non-performing commercial real estate loans. Over the past year, I've successfully transacted over $100 million in loan acquisitions from commercial banks. I've been a BankProspector subscriber since March of 2010 and version 1.0 and have found that it's a very helpful prospecting tool.Brandon Lamb
CrossCap Investments, LLC