ServiSolutions’ BankServ product provides servicing for eligible banks in Alabama.
ServiSolutions is an alternative for your mortgage servicing needs including escrowing of taxes and insurance. ServiSolutions can service most mortgage loans, regardless of household income. Let us help you manage your risk.
Federal regulations require lenders to escrow taxes and insurance on high-priced mortgage loans. ServiSolutions has the technology, infrastructure and experienced staff in place to discharge these responsibilities.
ServiSolutions has been servicing mortgages since 2005, and manages a more than $6 billion portfolio. ServiSolutions is approved by FHA, VA, Rural Development, Fannie Mae and Ginnie Mae.
ServiSolutions will not compete for your customers. Banks using ServiSolutions will be able to continue their relationship with their customers without any fear of ServiSolutions cross-selling.
There is no cost to apply to become a participating bank, and AHFA offers a series of training sessions. When your completed application documents are received, an AHFA staff member will be in touch to coordinate scheduling of the training.