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Services for Investor Included in Monthly Charge
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Provide Payment Processing including easy to read Statements emailed to the Borrower
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Automatic (ACH) Borrower payments
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Deposit of funds into Investor account via ACH or mailed to your business address
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Provide investor with monthly statements via email
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REPORT TO CREDIT BUREAU (still pending)
· We are currently working with the Trans Union, Equifax and Experian in an effort to report to the 3 primary repositories in the near future
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Provide year-end financial accounting required for IRS (1098 and 1099)
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Provide Late Notices via email
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Keep the investor notified of any status changes or delinquencies
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Escrow Taxes and Insurance for added fee
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Document Custodial Service
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Trust Account holdings to ensure on-time payments
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