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So far Note Servicing Center has created 325 blog entries.

Understanding Table Funding, Correspondent Lending, and Direct Lending

2022-01-11T00:42:59-08:00Private Money Lending|

In the private lending industry, several vital terminologies are quite important for lenders to understand their concepts properly, define their terms and be aware of their usage. This is to avoid being used interchangeably or in the wrong manner. Some of these key terms [...]

Protecting Your Lien Priority from Mechanics Liens

2022-01-11T00:43:26-08:00Private Money Lending|

State laws protect contractors and subcontractors from nonpayment of the products or services they supply by permitting them to place a lien on the improved property. The lien appears on property title searches when recorded in the public records, and it may take precedence [...]

Construction Loan Considerations: Best Practices for Lenders

2022-01-11T00:44:08-08:00Private Money Lending|

Construction loan projects generally have several risks for private lenders. Circumstances such as leaving buildings halfway into completion and diverting loans for another purpose could severely affect the lender.  When lending for large construction projects, lenders who take the effort to develop and apply [...]

How Lenders Can Serve the Underserved In 2022

2022-01-11T00:45:37-08:00Timely|

The lending market is evolving again, and this time around, the industry and its players must respond to new regulations effectively. The Government of the United States has made it plain that lenders will be entrusted with helping the underrepresented communities in the country [...]

Staying Nimble in a Fast-paced Market with the Right Mortgage Technology

2022-05-09T05:40:02-07:00Private Money Lending|

Lenders need emerging technology to help them stay adaptable and successfully handle constant change in the fast-paced, volatile mortgage market. An advanced product, pricing, and eligibility (PPE) system, in particular, might mean the difference between surpassing or failing to meet borrower expectations. To gain [...]

What is the Difference between APY and APR for a Hard Money Lender?

2022-01-11T00:46:23-08:00Private Money Lending|

The difference between APY and APR is one of the most common questions hard money lenders get. The annual percentage yield (APY) is similar to the annual percentage rate (APR) used in the credit industry. The annual percentage rate (APR) illustrates how much a [...]

The Basics Of Seller Carrybacks: What You Need To Know

2022-01-11T00:48:09-08:00Private Money Lending|

Selling real estate sometimes can be tricky, especially when the market is uncertain. Even if there are willing buyers, such a broker can not be certain of closing the sale. Selling real estate can be difficult, especially when the future of the market is [...]

What is the Definition of Specialty Loan? A Hard-Money Lenders Perspective

2022-01-11T00:49:10-08:00Private Money Lending|

There are loans known as Specialty loans. According to their name, they have special features. For example, consumer and business loans can have specialty loans. Consumer loans can be likened to residential mortgage loans in which the loan proceeds are primarily used for personal, [...]

Forbearance Agreements 101 – What To Do When Your Borrower Can’t Pay

2022-01-11T00:49:43-08:00Private Money Lending|

In a bid to ensure that lenders are well protected in situations where borrowers are having financial difficulties and require assistance for a limited time to manage their loan payments, lenders must assess a borrower's circumstances before deciding whether to proceed with a loan [...]

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