ServiSolutions is an alternative for your bank’s mortgage servicing needs including escrowing of taxes and insurance. ServiSolutions has systems in place to collect, maintain, service, and report.
ServiSolutions can service ALL mortgage loans, regardless of income.
Compliance
New banking regulations now require lenders to escrow taxes and insurance on certain mortgage loans, and ServiSolutions has the technology, infrastructure and experienced staff in place that will enable banks to comply with these requirements.
Experience
ServiSolutions has been approved by FHA, VA, Rural Development, Fannie Mae and Ginnie Mae, and received the highest designation of Tier 1 Servicer from the U.S. Department of Housing and Urban Development.
Customer Retention
ServiSolutions is not a banking institution and does not originate loans. Banks using ServiSolutions will be able to continue offering mortgage loans to their customers without any competitive risks. Mortgagees will have seven convenient ways to make a payment including by mail, telephone, online, money transfer, monthly draft, in person, or at a bank branch.
Training
ServiSolutions is offering a series of originator training webinars where participating banks will be able to take advantage of these comprehensive sessions, which will cover servicing functions such as loan submission, loan closing, customer service and investor accounting and reporting.
Get Started
There is no cost involved in becoming a participating bank. Pricing for using ServiSolutions is set for the life of the loan—giving banks the opportunity to plan for fixed expenses.
For more information, call Mike King at 334.244.9200 or email at mking@ahfa.com .