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Updated over 4 years ago,

User Stats

102
Posts
111
Votes
Mitch Miller
  • Investor
  • Raleigh, NC
111
Votes |
102
Posts

Servicers fees for Notes

Mitch Miller
  • Investor
  • Raleigh, NC
Posted

I am looking into purchasing notes but all the servicers of notes seem to charge 30 bucks a month. Most of the notes I’m looking at have payments of around $300. My question is is this normal and should I keep looking. What is normal fees for servicing a loan? If this normal how do you service loans that have lower payments and not lose your shirt?

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