– Private Lenders Helping Small Businesses Survive a Struggling Economy

2023-01-27T14:10:08-08:00private lender loan servicing, private mortgage loan servicing companies|

When the economy is struggling, small businesses are usually the first to feel the effects. In order to survive during tough times, business owners need to be proactive and use their entrepreneurial skills. They need to identify opportunities and be willing to take risks. They also need to be adaptable and continuously update their knowledge and skills. by Roberta Standen. As a private mortgage loan servicing company, we know that small businesses are often the first to feel the effects of a struggling economy. However, we also know that there are ways for them to survive during tough times. Business owners need to be proactive and use their entrepreneurial skills. They need to identify opportunities and be willing to take risks. They also need to be adaptable and continuously update their knowledge and skills. We believe that by following these tips, small businesses can weather any storm.

Become Informed about Private Loan Clauses & What They Mean for Borrowers – Thomas Standen Sr.

2023-01-27T14:09:11-08:00private mortgage loan servicing companies|

As a private mortgage loan servicing company, we're always on the lookout for clauses that could clobber our clients. This article by Thomas Standen Sr. highlights some of the clauses that could trip up borrowers, and we wanted to share it with our clients to help them avoid any potential pitfalls. Standen starts off by discussing the "due-on-sale" clause, which could be used to call in a loan if the property is sold. He then moves on to discuss hidden fees, pre-payment penalties, and other clauses that could be used to trap unwary borrowers. We agree with Standen that it's important for borrowers to be aware of these clauses and to understand how they could be used against them. We'll continue to keep an eye out for any changes or updates to these clauses, and we'll make sure our clients are always well-informed.

Discover How a Mortgage Loan Servicing Company is Helping Private Lenders

2023-01-27T14:08:03-08:00private lender loan servicing, private mortgage loan servicing|

A mortgage loan servicing company is a company that services mortgage loans. They are responsible for the day-to-day servicing of the loan, including collecting payments, managing the escrow account, and providing customer service. Servicing companies also handle the billing and payment processing for the lender.

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