Which Type Of Loan Servicing Do You Need?

We provide servicing support for several types of real estate-finance transactions.

1. Subject-To Loan Servicing

Have you acquired a property subject to an existing mortgage and need help managing the monthly payment process?  Our subject-to loan servicing consists of collecting funds from the buyer/investor and making payments toward the underlying mortgage.

Subject-To Loan Servicing Includes:

• Collecting borrower/client payments
• Processing payments according to the servicing agreement
• Disbursing funds toward the underlying mortgage
• Coordinating additional authorized disbursements as required

 

2. Seller Financing & Owner-Financed Loan Servicing

If you have sold a property and are carrying the financing, you may prefer to have a professional servicer handle the monthly payment administration.  We can provide servicing support for qualifying seller-financed and owner-financed real estate transactions.

Non-Wrap Servicing Includes:

• Collecting payments from the buyer/borrower
• Disbursing payments to the seller/lender
• Providing borrower statements
• Maintaining payment records
• Tracking delinquencies
• Processing authorized escrow payments when applicable
• Providing applicable tax reporting
• Processing payoff requests
• Providing payment-history verification

 

3. Wraparound Loan Servicing

Wraparound transactions can require additional payment administration because the seller-financed obligation may exist alongside an underlying mortgage.  Our wraparound servicing support is designed to help manage the payment flow between the borrower, seller/lender, and applicable underlying mortgage according to the servicing agreement.

Wraparound Servicing Includes:

• Collecting borrower payments
• Disbursing funds to the seller/lender
• Processing payments toward the underlying mortgage
• Providing borrower statements
• Maintaining payment records
• Tracking delinquencies
• Processing authorized additional disbursements
• Providing applicable tax reporting
• Processing payoff requests

 

---

Why Use a Professional Loan Servicer?

When you finance a property yourself or use a creative-financing strategy, you may not want to spend every month manually tracking payments, preparing statements, calculating distributions, and coordinating payment records.  Professional servicing can help provide:

Consistent Payment Administration

Payments can be collected and distributed according to the applicable servicing agreement.

Organized Records

Maintain an organized record of payment activity and servicing information.

Borrower Communication

Provide borrowers with appropriate statements and payment information.

Less Administrative Work

Spend less time managing recurring payment-related tasks and more time focusing on your real estate business.

Transparent Pricing

Our servicing fees are published so you can understand the basic cost structure before getting started.

---

How Our Loan Servicing Process Works

1. Choose Your Servicing Type

Determine whether your transaction requires subject-to, non-wrap seller-financing, or wraparound servicing.

2. Complete the Onboarding

Complete the appropriate online onboarding process and provide the required transaction and servicing documents.

3. We Review the Servicing File

We review the information and documentation necessary to establish the servicing account.

4. Your Servicing Account Is Established

Once the required documentation and applicable setup fee have been received, the servicing account can be established.

5. Servicing Begins

Payments are processed and disbursed according to the applicable servicing agreement and instructions.

6. Ongoing Servicing Support

We maintain applicable payment records and provide servicing-related support throughout the life of the servicing relationship.