Loan Servicing
Owner Finance Note Servicing
By allowing a professional "third party" servicer to take care of the collection, the borrower treats the payments as a business transaction instead of a personal issue.
Who it’s for
- Sellers who carried back owner financing
- Note holders who want a professional third party handling collection
- Investors buying or selling owner finance notes
What We Offer
- Payment Accounting and Processing
- Monthly Statements
- Multiple payment and disbursement options including automatic withdrawal and deposit and web payments
- Insurance and Property Tax Disbursement
- Escrow Analysis
- IRS reporting
- Real-time account information for both Lender and Borrower
Onboarding documents
Every note is different. Depending on the loan and how it is set up, we may need more than this.
- Promissory Note
- Deed of Trust
- Closing Disclosure or HUD-1
- Truth-in-Lending
- Sales Contract
- 1003 or Borrower Application
- W-9
- First Payment Letter
- Homeowners Insurance
- Tax Certificate
FAQs
Why use a third party servicer for an owner finance note?
By allowing a professional "third party" servicer to take care of the collection, the borrower treats the payments as a business transaction instead of a personal issue.
Do you handle insurance and property tax?
We handle Insurance and Property Tax Disbursement and Escrow Analysis. Send your loan details and we will confirm how your note is set up.
Contact us about servicing
Fill out the loan servicing inquiry form with general details and our team will follow up with onboarding steps.