Fee Schedule & Routine Services

 

Number of Notes

 

1 to 20

20 to 99

100 +

 

 

 

 

 

One Time Set Up Fee

$ 25.00

 

$ 15.00

 

$ 12.50

With Impounds - add

$ 10.00

 

$ 10.00

 

$ 10.00

 

 

 

 

 

Monthly Servicing

$ 25.00

 

$ 20.00

 

$ 15.00

Note: There are no set up fee's for loans orriginated by our office.

Routine Services Included in Monthly Charge

  • Provide Payment Processing including Coupons and envelopes to the Payer

  • Collect payments owed to you every month

  • Payments are processed daily

  • Deposit of funds into your bank account or sent wherever you direct

  • Keep an accurate record of every payment made and every disbursement

  • Balloon payment notification

  • Provide year-end financial accounting required for IRS (1098 and 1099)

  • Pay all postage and telephone calls

  • Provide Late Notices

  • Document Custodial Service

  • Multi-Investor Notes

Additional Fees

Return check charge $25.00

Late charges assessed and received by the borrwer we retain 30% to cover costs associated with notices, phone calles and work associated in the collection process.

For more information call Phil at (707) 964-0708 or 1-(800) 698-0708