Mortgage Servicing
Quote Provided
Lender*VP in collaboration with the Xtend Mortgage Servicing Team, can relieve your credit union’s lending staff of ongoing duties related to the servicing of your mortgage portfolio.
We will take over your escrow processing and investor reporting, with seamless integration into CU*BASE. Pricing is available both for Full Time or Stand-in contracts.
Escrow Administration
- Pay Escrow Bills: Property Taxes, Homeowners Insurance, and Private Mortgage Insurance
- Run Annual Escrow Analysis (this is also available as a stand-alone service)
- Reporting on bills becoming due, and monitoring of excessive amount variances
Investor Reporting
- Daily or monthly remittance
- Monthly reporting preparation
- Balancing and Reconciliation
We look forward to working with you on raising the mortgage bar for the benefit of your members and your credit union!
