How to set up comprehensive loan servicing and collection for California real estate loans. Set Up full loan servicing. 3rd party loan servicing for hard money brokers and sellers in seller carry back financing. Unified Mortgage Service, Inc. provides impound account collection and management for hard money lenders, sellers with carryback loans and broker originated loans in California. Unified Mortgage Service, Inc. provides lenders with a full service loan servicing option to include 593 withholding and impound account management. Contact us to set up your private money loan servicing whether you have a single loan for servicing or a loan servicing portfolio that needs professional loan servicing. As a private loan servicing company, we set up and manage the impound account for property taxes and fire insurance premiums. The lender can establish an impound account at closing for the borrower to pay into the account each month to be able to pay the fire insurance premiums and property taxes timely as they become due.

Set Up FULL Loan Service:

To set up a new full, comprehensive loan service, simply email, fax or mail the following documents:

Signed Promissory Note
Signed and Recorded Deed of Trust
Any Assignments of Deed of Trust
Borrower's phone number, email and mailing addresses
Lender's phone number, email and mailing addresses
Completed W-9 for borrower and lender with copy of ID
Payment history if any payments have already been paid
Fire insurance declaration page and agent phone number
Any impound funds withheld and impound agreement

Set Up Fee: $45

We will send you the Loan Servicing Agreement for the lender's signature. Once the signed agreement is received, we will forward ACH Set Up Instructions for completion if desired. We will notify the borrower and send the lender the monthly payments after deducting the loan servicing fee.

Full service can include pre-foreclosure or default collection. Please note, if the borrower is delinquent, we will retain the late charge to cover the additional costs of collection.

Send us an email with any questions or set up your account or Fax your documents to: (619)752-1654 email us at umsi@umsi.biz

As your loan servicing management team, Unified Mortgage Service, Inc. performs a full line of in-house loan services for you depending on the level of service you request:

Demands and collects loan payments from the borrower.
Issues loan payment coupons or statements to assist borrowers in making timely payments.
Calculates and issues annual tax reporting forms reporting the amount of interest paid and interest income.
Issues loan payment distributions twice a month. Each check provides the lender with a state-of-the-art, computerized accounting of the loan payment transactions.
Sends month-end distributions to each lender accompanied by monthly statements. These valuable statements provide a complete detailed itemization of the loan payment activity and other pertinent information.
Calculates borrower payoff statements and issues credit verifications for a fee to the borrowers.
Instigates recording the Deed of Reconveyance, transferring title back to the borrower when the loan is paid in full.

Additionally we may offer the following services for full service:

If necessary, collaborates with Trustee, C.N.A. Foreclosure Services, Inc., who handles foreclosure proceedings from recording the Notice of Default to the Trustee's Sale or Rescission
If necessary, interfaces with attorneys in coordinating legal proceedings if bankruptcy is filed
For full service, may collect an impound account for taxes and/or fire insurance and respond to fire insurance coverage cancellation notices and may arrange fire policies to protect the beneficiary's interest.
For full service, closely monitors each loan account to deter delinquent payments, sending collection notices and phoning delinquent loan accounts as applicable.
For full service, may collect and distribute loan payments for All Inclusive Trust Deeds (Wrap Around), multiple beneficiaries on a loan transaction, interest only loans, amortized loans...
May calculate and mail withholding forms 593

Questions: Loan Servicing by Unified Mortgage Service, Inc. Call us at (619)298-4990.

We are Licensed by California Department of Real Estate, Real Estate Broker 01182001 and Michele Canty 01190650. Licensed through the Nationwide Mortgage Licensing System & Registry (NMLS) as NMLS 253301 and 253661.

This site is not intended as an advertisement or solicitation outside of California and does not provide legal advice.

Unified Mortgage Service, Inc. 2020 Camino del Rio North Suite #230 San Diego, CA 92108 United States ph: (619)298-4990 fax: (619)752-1654

UNIFIED MORTGAGE SERVICE, INC.

Full Servicing

our loan servicing is easy to set up

UNIFIED MORTGAGE SERVICE, INC.

Easy to set up full service

what can unified mortgage service, inc. do for me?

UMSI@UMSI.BIZ (619)298-4990