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Comprehensive Loan Servicing
Comprehensive Loan Servicing covers all types of loans, from the smallest
residential loan to multi-million dollar commercial loans, multiple beneficiaries,
hypothecations, and construction loans (including draw and expense accounts).
Have CJ service just one loan or your entire portfolio.
Comprehensive Loan Servicing includes:
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monthly payment coupons |
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collection and disbursement of loan payments (within 10 days of receipt) |
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payments can be deposited directly into the lender’s account |
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up to the minute, accurate account information available via voice,
fax, and e-mail |
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copies of all borrower notices; i.e. late payment letters, balloon
notices, etc. |
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tracking of senior loan status |
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tracking of fire/hazard/flood/earthquake insurance coverages and renewal
dates |
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preparation of all beneficiary demands, statements of loan condition,
note modifications, partial releases and reconveyances |
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all year end accounting, 1098/1099 reporting, and service fee statements |
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brokers also receive annual loan summaries, threshold reporting, and
magnetic media |
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servicing contracts can be individualized for the lender’s or broker’s
needs |
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special contract rates are available for volume clients |
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©1998-2015 CJ Investment Services, Inc.
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