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Updated over 9 years ago,

User Stats

393
Posts
116
Votes
Alain Perez-Majul
  • Investor
  • Indianapolis, IN
116
Votes |
393
Posts

Loan Servicing Requirements?

Alain Perez-Majul
  • Investor
  • Indianapolis, IN
Posted

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