OFN Loan Servicing
About OFN Loan Servicing Options
Loan Servicing is an integral part of the owner finance industry today. Our role is to collect a buyer’s monthly payment, distribute funds to any underlying lender first then to the seller; handle tax and insurance escrow, if any, and send out late notices.
We act as a fraud preventer by ensuring that any underlying mortgage payment paid first before the seller receives any money. Loan Servicers are rapidly becoming a mainstay in the owner finance industry and they also help to normalize the transaction for the buyers
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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!
Foreclosures: What Lenders & Borrowers Need to Know
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
Borrowers: What you need to know when it comes to loan servicing
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
Ready to Take the Next Step In Your Business?
The Subject to Academy
An online video training program featuring Real Estate/Title Attorney and Investor Scott Horne and Real Estate Investor Brian Carlson. Combined they have completed over 7,000 Owner Finance Transactions and specialize in buying properties Subject To the existing debt.
1 Day Recorded Training on Owner Finance Real Estate Investing
7+ hours of recorded training from one of Scott Horne's live trainings on owner financing (June 2020) and how you can mimic a bank's business model when it comes to real estate.
Everything You Need To Know About Liens
3+ hours of recorded training from one of Scott Horne's live trainings on Liens which will help you learn how to find, navigate, and remove any liens on a property so that you can acquire more deals and increase your profit margin.
Owner Finance Real Estate Investment Training
This course will teach you owner financing and how you can mimic a bank's business model when it comes to real estate.
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