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Updated over 6 years ago on . Most recent reply

User Stats

286
Posts
135
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Wesley I.
  • Investor
  • San Diego, CA
135
Votes |
286
Posts

Note Servicing Companies

Wesley I.
  • Investor
  • San Diego, CA
Posted

Looking to buy my first note and would like some recommendations for note servicing companies. Potential note would be in state of CA.

Thanks

Most Popular Reply

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1,530
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1,104
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Andy Mirza
  • Lender
  • Ladera Ranch, CA
1,104
Votes |
1,530
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Andy Mirza
  • Lender
  • Ladera Ranch, CA
Replied

@Wesley I. Yes, FCI does have a network of attorneys that they can refer you to. We use FCI as well and they are about the best that's available. They're not good at loss mit but I haven't found any servicer that is.

Keep in mind that FCI will not accept the transfer of a CA NPN with a FC in progress where the property is owner occupied. We made the mistake of going with Del Toro Servicing and they were absolutely terrible. We should have gone with Madison instead but had to find a replacement for FCI right away.

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