Loan Servicing
Private Lender Loan Servicing
Cedar Top offers loan servicing for the private money lender. Let us take care of the day to day collections so you can focus on bringing in new business.
Who it’s for
- Private money lenders
- Note investors, both large and small
- Lenders who want to focus on bringing in new business
What We Offer
- Payment Accounting and Processing
- Timely Distribution of Investor Funds
- Monthly Statements
- Multiple payment and disbursement options including automatic withdrawal and deposit and web payments
- Real-time account information for both Lender and Borrower
- Credit Reporting and IRS reporting
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
- Transfer of Lien (if applicable)
- Allonge to Promissory Note
- 1003 or Borrower Application
- W-9
- First Payment Letter
- Insurance and Property Tax Escrow Details
FAQs
What does Cedar Top do for private lenders?
Cedar Top offers loan servicing for the private money lender. Let us take care of the day to day collections so you can focus on bringing in new business.
Do you distribute funds to investors?
We handle Timely Distribution of Investor Funds and serve both large and small investors. Send your loan details and we will confirm setup.
Contact us about servicing
Fill out the loan servicing inquiry form with general details and our team will follow up with onboarding steps.