Industry Award Winner
Key Servicing Features
Payment Options
Post-dated cheques
Check printing
Auto-generated ACH/EFT
Automated warnings and alerts
Credit card payments
Extensions
Extension fees (multiple payment options)
Custom Extension Conditions
Prepayments at renewals
Ability to change interest types
Partial Paydown
Automated distribution
Any date and time
Collateral/blanket discharges
Investor Replacement (Mid-deal)
Replace any investor with another at any time
Auto interest adjustment calculation
Prepayment forwarding
Additional Loans/Draws
Tie draws to Milestones / Repair Schedule
Add custom fees
Existing or new investors
NSF Tracking
- Batch or individual entry
Automated SMS notifications
Emails to borrowers (with signed NSF letters attached)
Custom NSF Fees
Payouts
Payout Statements
Payout Instructions
Per-Diem calculations
Additional fee options
Distribution of fees
Additional Charges
Ability to charge interest & calculate accrued interest
Record/schedule/request payments
Invoicing
Credit card integration
Investor Statements
Monthly auto-emailed statements
Customized letterhead & content
Mid-Loan Adjustments
Payment schedule changes
Interest changes
Frequency of payments