Hello, Las Vegas seller financing homeowners and investors, I am in a process of seller financing a property, and looking for a loan servicing company to handle all the installments, insurance, and taxes to be paid by...
Howdy Folks,I want to create options for my sellers moving forward to help ease them into the possibility of providing private seller financing for buyers.I have come up with a list of 3rd party loan servicing busines...
Hi BP,I have a question regarding seller financing. So we have a property that the potential buyer wanted us to carryback 50%. We contacted our escrow company and they say they can process the loan application through...
Advice needed on how borrower should proceed with collecting overpaid Mortgage Insurance Premium. FHA loan met 79% threshold as of September 2016 and borrower requested cancellation of MIP payment early 2019. Amount o...
As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee. How do I record this in Quickbooks?
Example, the loan payment is $100...
Hi BP,I am currently looking at a property that has been vacant for a few years now. I've noticed management signs on the window. I've called which directed me to Wells Fargo REO department. They've informed me that t...
What servicing company are you using, and why did you choose them?
Anyone have a recommendation on a company to service a seller financed mortgage note? Collect payments online, property taxes etc. Thanks in advance.
I'm looking for a new loan servicing software package. Does anyone have tips for where to begin my search? I need something that is user friendly and can handle upwards of 1000 notes at multiple locations.