Loan Servicing

Private Money Loan Servicing evolved almost by accident.  Brokers would fund a loan themselves, or individuals would lend Hard Money to friends or family.  Unfortunately, they were burdened with tracking payments, interest, late pays, handling foreclosures, etc.

Private Money lenders simply didn't have the time, expertise, systems and tools to handle Loan Servicing or Foreclosures, nor do they want the expense to set up in house Loan Servicing. The best way to continue lending was to outsource the Loan Servicing.  FCI was founded as a Loan Servicing and Foreclosure company in 1982 when a number of these Hard Money lenders asked for help doing Loan Servicing and Foreclosures on their Private Money Loans.

FCI offers two Loan Servicing platforms designed to fulfill the varied Loan Servicing and Collection needs of our clients.

STANDARD LOAN SERVICING

Standard Loan Servicing is a high quality, structured Loan Servicing program for servicing all types of performing and newly originated Private Money loans at very competitive prices.  For details on the Standard Loan Servicing program please CLICK HERE.

SPECIALTY LOAN SERVICING

The Specialty Loan Servicing department is specifically designed to rapidly turn delinquent loan pools into cash by restructuring loans, or by foreclosing and selling the properties.  It is staffed by experts in skip trace, hard collection, loan workout, loan modification, foreclosure, and property sale.  For details on the Specialty Loan Servicing program please CLICK HERE.

Geographic Area

Loan Servicing is available throughout the nation.
 

For questions or additional information, please CLICK HERE.