To purchase a promissory note in your IRA, the process is as follows:
Required forms and documents can be mailed, faxed or sent as an email attachment to:
Mountain West IRA
If you are using 100% of the cash in your IRA for this purchase, and you pay your fees by check or from your IRA account, you will need to complete at least one of the following items before your transaction will be processed:
Place a credit card on file with MWIRA to pay your current transaction fees (if applicable) and to pay for future quarterly or annual record keeping fees as they arise OR Pay your current transaction fees (if applicable) and one year of record keeping fees in advance – you may pay these fees by check or credit card (one-time authorization)
Please submit the Outgoing Wire Instructions Form when sending outgoing funds via wire to purchase Promissory Note assets.
Download Purchase Kit | Promissory Note.
Incoming Check and Wire Instructions
Note Modification Authorization
Note Payoff Confirmation
Mountain West IRA does not offer investment, tax, financial, or legal advice to clients. Individuals who believe they need advice should consult with the appropriate professional(s) licensed in that area.