What is the Timeline and Process for Loan Servicing
In this video, Scott and Sohail discuss loan servicing and how it really works. Watch the video to chronologically what you can expect when using a loan servicer in your owner finance transactions! In this video, Scott and Sohail discuss loan servicing and how it really works. Watch the video to chronologically what you can […]
Foreclosures: What Lenders & Borrowers Need to Know
https://youtu.be/X-Qx7CUGqmU In this video, Scott Horne discusses what you need to be aware of as a lender and a borrower when dealing with foreclosures. Unfortunately, in this industry foreclosures do happen. It is important that we make sure that our borrowers and lenders understand the process of foreclosures, at least here in Texas. Be proactive! […]
Borrowers: What you need to know when it comes to loan servicing
https://www.youtube.com/watch?v=Fnd5qeGzkcM Borrowers, read your documents! Make notes, understand what the documents are saying! Make sure you know the date your payment is due and understand what is due on your payment dates. Time is valuable! Even if you have a grace period, stay on top of your payment and make it as soon as possible […]
Lenders: What you need to know when it comes to loan servicing
https://youtu.be/2lxWTdJ8uMA Lenders, the money the borrowers are paying is YOUR money! So the best person to help you collect YOUR money is YOU! Be proactive! If your borrower is beyond their grace period then call them! Don’t rely on other people to do it! Know exactly what your borrower owes you, when it’s due, and […]
