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Services and Benefits for the Borrower - Provide Payment Processing including easy to read Statements emailed to the Borrower
- Automatic (ACH) Borrower payments to ensure ontime payment processing
- Ensure payments to Underlying Liens are made ontime
- Serve as Third Party Varification of Payment History (VOM)
- 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 - Provide year-end financial accounting required for IRS (1098)
- Provide Late Notices via email
- Escrow Taxes and Insurance to budget for yearly expenses
- Document Custodial Service
- Trust Account holdings to ensure on-time payments
- Private Mortgages offer lower upfront costs than traditional lending
- Own today while you build and repair credit, not after
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