Our Loan Servicing Solutions
Salas Financial offers a comprehensive nationwide Trust Deed Loan Servicing solution. We service individual trust deed/mortgage loans of any size for brokers, lenders, institutions and private investors. Additionally, our loan servicing program allows us to service fractionalized loans with ease. All computations are computer-driven, and we strive for the highest degree of accuracy.
- Primary Servicing (Salas Financial is the loan servicer)
- Sub-servicing (broker earns a servicing fee)
- Interim Servicing
- Residential Loans
- Commercial Real Estate
- Manufactured Homes
- Land
- Any debt requiring payments over time
More services
- Borrower Welcome Letter
- Borrower will be issued payment coupons (with payment coupon)
- Lender Welcome Letter
- Lender Monthly Statement
- Same Day Payment Posting
- Tri-weekly Disbursement of Funds (after clearing)
- Electronic Deposit of Funds (ACH) into investor’s account
- Payoff Demands
- Rush Demands
- Releases and Reconveyances
- IRS 1098 and 1099-INT Reporting
- Online Secure Account Access for borrowers and investors, with downloadable reports
- Late Notice sent at ten days delinquent
- Foreclosure Notice sent at 31 days delinquent
- Act as Intermediary between Investor and Borrower
- Declaration of Compliance
- Specific thirty-day Notice of Intent letters
- Legal services coordination including bankruptcy relief and eviction