Basic Servicing

Collect and disburse payments

Servicing fee $15 per loan/month
Loan Setup $45 per loan
$25 per loan for 10+ boarded at one time
Performing variable rate loans (HELOC/ARM) additional $5 per loan/month
Optional Escrow Processing $15 per loan/month
Loan Reset fee $50 per loan
Performing BK or Forbearance Plan setup $150 per loan

Premier Servicing

High touch servicing

Servicing fee $40 per loan/month
Loan Setup $45 per loan
$25 per loan for 10+ boarded at one time
Performing variable rate loans (HELOC/ARM) additional $5 per loan/month
Optional Escrow Processing $15 per loan/month
Loan Reset fee $50 per loan
Performing BK or Forbearance Plan setup $150 per loan

Default Servicing

Non-performing collections

Collections fee $85 per loan/month
Loan Setup $45 per loan
$25 per loan for 10+ boarded at one time
Non-Performing No-collections $25 per loan/month
Optional Escrow Processing $15 per loan/month
Loan Reset fee $50 per loan
Performing BK or Forbearance Plan setup $150 per loan

Basic Servicing

* Homeowner Welcome Letters
* Payment Coupon Book
* Same Day Payment Posting
* Email notifications

HIGH TOUCH LOAN SERVICING FEATURES (Premier Servicing of Performing Loans)

* Homeowner Welcome Letters
* Homeowner Monthly Statement with Payment Coupon
* Lender Welcome Letter
* Lender Monthly Statement of all Account
* Same Day Payment Posting
* Daily Disbursement of Funds (after clearing)
* Electronic deposit of Funds (ACH) into Lender’s account
* Optional Escrow/Impounds Service for Insurance and Taxes
* Late Notices sent at 11, 21 and 31 days delinquent
* Outgoing collection calls after each Late Notice
* Subordination Agreements
* Free Hazard Insurance Tracking
* Disbursements and Draws
* Releases and Reconveyances
* IRS 1098 and 1099-INT Reporting
* Paper or EDI Communication
* 24/7 Account Access
* Downloadable Reports
* All Calls Recorded

FULL COLLECTION FEATURES (Delinquent/Defaulted Loans)

* 1st Late Notice sent 11 days after boarding
* 2nd Late Notice sent 21 days after boarding
* 3rd Late Notice sent 31 days after boarding
* Borrower Inquiry calls handled
* Collection calls
* Optional Collection Letters
* Skip Trace
* Facilitate Loan Modifications at direction of Lender
* Facilitate Forbearance Agreements at direction of Lender
* Facilitate Short Pay negotiations at direction of Lender
* Facilitate Deed in Lieu at direction of Lender
* Coordinate Bankruptcy Relief
* Legal Issues coordination
* Foreclosure Processing and Coordination
* Short Sale coordination
* Coordinate Property Preservation and Securing
* Coordinate Property Preservation and Securing
* Assist with Municipal Notices and Issues
* REO Property Management
* Coordinate Evictions
* Coordinate REO Property Sale
* All Calls Recorded
* Compliance with FDCPA, FTC, CFPB and other state and Federal Regulations

Note Collection and Loan Servicing

Whether you call it private note servicing, private loan servicing, loan servicing, contract servicing, seller-financed loan servicing, owner carry loan servicing, cash flow servicing or third party servicing Dixie Servicing can handle it.
We take pride in working with homeowners save their homes and solve their home ownership problems. At the same time we effectively service all aspects of loan servicing from set up to pay off.

Contact us before or after loan closing or note purchase for quick set up your your servicing. We can assist you in normal payment collections, hard to collect loans and loans in bankruptcy or pre-foreclosure to re-performing.

Our Basic Loan Servicing starts at only $15.00 a month per loan. Our basic service provides single point of contact for both Homeowners and Investors. Give us a call to discuss your loan servicing needs.

Call us at 888-445-6538 or Click here to send an email to set up Your Loan Servicing NOW!!

What we do for you:

We do the same thing that loan servicers do the the major banks but we can do more. We are not limited with their underwriting requirements in getting loans to re-perform. We specialize in CREATIVITY and working with homeonwer to keep their home which maximizes your returns. We specialize in loans originated by banks, mortgage companies, brokerage houses, and owner finance market.

We provide the following:

* Monthly Payment Coupons to the Homeowner
* Collection of Taxes and Insurance (if requested)
* Archived transaction history on Homeowner accounts
* Complete IRS annual reporting for 1098's
* Investor year end loan analysis
* Escrow Analysis
* Recorded telephone calls with the Homeowner
* On line Chat Line

Investor Benefits

Dixie Servicing offers a personal loan servicing option specifically designed to save time for the Investor while maximizing their return. We provide:

* Access to professional and fully trained loan servicing staff
* Detailed reports of portfolio activity
* Scheduled past due letter and phone calls on delinquent accounts
* Professional services for loan documentation, collection and foreclosure
* Property tax services to verify timely payment of taxes by the Homeowner
* Off site processing and third party secured computer services
* On demand account information
* Assistance in compliance with all applicable local, state, federal laws, CFPB, FDPCA, TCPA rules and regulations
* Excellent audit trail for the Investor and Homeowner
* Tax and insurance escrow functions
* TIME for the Investor to pursue other business opportunities

Services for your Homeowner

Dixie Servicing will act as the complete Loan Servicing Provider to your Homeowner. We personalize the loan servicing process while maintaining accurate and detailed homeowner records. We will manage all account information and provide immediate access to virtually anything our Homeowner may need. We provide:

* Trained staff to handle customer service inquires professionally with personalized service
* Payment coupons to improve timely payments and collection of late fees if any
* Scheduled past due letters and phone calls on delinquent accounts
* Archived transaction history on borrower accounts
* Borrower correspondence on each account to document communication and collection activities
* Administer follow-up on homeowner accounts for various purposes (bankruptcy, taxes, fees due to Investor, etc.)
* Continuous accounting updating of borrower information
* Account statement for Homeowner status reports or payoff inquiries
* Year-end tax and interest statement (1098's)