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Updated about 2 months ago on . Most recent reply

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Private Lending & Conventional Mortgage Advice

Private Lender Loan Servicing Software Fees

Charlene Kingsnorth
Posted

We are Private Money Mortgage Lenders.  We use a loan servicing software that has a monthly subscription.  What are options for having our investors pay their share of this monthly fee?   Thanks for any input.

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Chris Seveney
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@Charlene Kingsnorth 

have you had an sec attorney also review what you are doing as if you're are having multiple people as part of a loan participating in it depending on the state this could get you in hot water - so be careful

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