Our services include the following:
- Collecting your note payments
- Distributing payments to principal, interest, taxes, and insurance
- Maintenance of tax and insurance escrows and payments to third parties
- Depositing your payments the day they are received
- Maintaining complete and accurate accounting records including annual account summaries and interest statements for tax and investment purposes
- Providing payment coupons
- Preparing amortization schedules
- Reporting mortgage interest to the IRS
- Monitoring timeliness of payments, preparing demand letters, and initiating default procedures
- Tracking of inventory and commissions for residential and commercial development firms
Additionally, we are able to customize our package to meet various needs of our client base.
