Full Service Subservicing

Overview:

LoanCare is a full service subservicer for financial institutions in need of complete servicing support, as well as for companies struggling to keep up with the ever-changing demands associated with today's market.  We are a nationally recognized servicing source for companies with limited servicing capability. 

Loan Types Serviced:  

• 1st & 2nd mortgages
• HELOC (open ended)
• FHA/VA
• Commercial
• Manufactured Housing
• Bridge loans
• Biweekly
• Daily Simple Interest Loans
• Interest Only
• Payment Option ARMs
• Consumer loans

• Non-performing Agency loans
• Alt-A loans
• Subprime loans
• Scratch and dent loans

 LoanCare Will Provide The Following End-to-End Servicing Functions: 

• Loan boarding
• Escrow administration
• Cashiering
• Payment processing
• Investor reporting
• Customer/Member services
• Default Management including: collections, loss mitigation, monitoring foreclosures and bankruptcies
• Loan satisfaction processing 

Component Subservicing:

In addition to full service subservicing, we also offer you the ability to unbundle our menu of services so you can choose and pay for only those services on the menu you actually need, including:

• LoanCare will perform front end servicing (customer service, escrow administration, investor reporting, early stage collections), while you perform the back end functions (late stage collections, loss mitigation, foreclosure and bankruptcy monitoring).
• You perform the front end servicing functions, while LoanCare performs the back end work.