Loan Servicing & Contract Servicing
If you are an investor and are
providing an owner carry back
loan or arranging a lease to purchase
transaction, Bankers Escrow Corp. can
provide loan servicing and payment processing services. As an independent 3rd party,
for contract servicing
Bankers Escrow can conveniently handle all the
details of collecting your monthly payment.
From simple to complex and everything in between . .
. each transaction is unique so here's what Bankers
Escrow can provide:
Customized Escrow Servicing Agreements
Payment coupons or automated collection from borrowers'
or renters' bank account
Online access to view your escrow account
activity 24-7
Yearly payment history reports
Disbursements to multiple parties, underlying loans or
direct to your bank account
Annual I.R.S. tax interest forms 1099 & 1098
Payoff statements and document holding services
Automatic assessment of late fees
BiWeekly Loan Servicing
For a more creative approach at no extra charge, Bankers
Escrow offers:
Reserve or impounds for tax and insurance payments with
a yearly escrow reserve analysis
Programmed Delinquency notices
Amortization schedules and account reconciliation
services
Outside third party verification of rental payments for
mortgage lending requirements
Annual Principal and Interest statements for all loan
servicing escrows
Loan Servicing Fees Based On Needs
Fees vary depending upon your loan
servicing needs so please
email us at
request@bankersescrow.com
or call us at 800-571-6595 for a quote on your escrow
service needs.
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