Pricing

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Traditional Servicing

  • Monthly Fee:       $25.00/file
    Setup fee:            $150.00
    Plus:                    50% of late fees collected
    Other Fees:         As needed only

Wrap Loan Servicing

  • Monthly Fee:       $45.00/file
    Setup fee:            $225.00
    Plus:                    50% of late fees collected
    Other Fees:         As needed only

Servicing Includes:

Escrow management (taxes and insurance)
Tax reports (both borrower and investor) at end of year
On-line status of accounts and portfolios
ACH payments and disbursements
Currently reporting borrower pay history to one credit agency
Monthly Statements and Reports
We can make payments direct to underlying mortgages (on wraps)