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Tax
Service
Lenders are generally holding loans in more states today than in any
other time in history. The cumbersome responsibility of monitoring the
complexities of tax collectors and borrower payment status is a
daunting task which requires a tremendous amount of time and effort.
All across America, potential borrowers are seeing a Tax Service fee as
part of the closing costs on a loan estimate.
In today’s competitive world, lenders have increasingly sought after
ways to reduce costs, improve productivity and substantially reduce
risk. Tax Service products can remove the burden of monitoring
borrowers property tax payments and processing correspondence with the
borrower, as well as making sure the tax agencies are paid in a timely
manner.
Tax services provide:
* Delinquency tax
tracking & reporting
* Instant, individual
confirmation
* Compatibility with
leading lender software
Additional Tax services:
* Custom Reports to save time & money with regard to
reconciliation
* Notice Prior To ‘Cut-off’ Date- Know exactly when to start your
tax audit
* Portfolio Scrub
* Audits portfolio to
insure tracking of applicable properties, verify parcel number
accuracy, eliminate paid loans
* Saves you time, money and
headaches
* Eliminate exposure &
liability from tax sales
* Provides clean-up of
entire portfolio
* Audit/Reconciliation Assistance
* Reduce reconciliation
time now and save labor costs
* Reduced balancing time
* Data review to ensure
accuracy
* Personalized assistance
reduces stress for you and your staff
* Free Letter Service “Notice To Borrower”
* No cost service
* Stage sensitive
notification process
* Customizable
* Formatted for your
letterhead
* Delinquency Notification Report
* Eliminates lender research
* No extraneous reporting
* Customizable content
Iron Clad Guarantee:
Our partner has a claim-free track record for over two decades. They
guarantee their program and indemnify our clients. They are backed by
one of the Nation’s best AAA-rated carriers.
Three Options