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Updated over 9 years ago,
Loan Servicing Requirements?
Hey guys, not sure if anyone would know, since this might be kind of random, but:
If I'm wanting to start a small "loan servicing" company that is looking to handle PITI between a seller/lender and a tenant-buyer in seller financed deals, are there any requirements/prerequisites (classes?) or any type of licensing needed for this? Or is it just a matter of opening up escrow and going from there?
If it helps, yes I am a licensed Realtor and I am in Indiana (figured it probably wouldn't vary much from state to state).
Any information, however little, that would point me in the right directions would be IMMENSELY appreciated.
Cheers