Looking for recommendations for a mortgage servicer for a private lender

Looking for recommendations for a mortgage servicer for a private lender

New to Real Estate · NY · Member since 2023 · 127 posts · 58 votes

Hi, I"m looking to get into private lending and I'm looking for recommendations for a mortgage servicer that can do the collections, and all the other things that a mortgage servicer does. 

Thank you in advance!

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Member since 2024 · 17 posts · 6 votes
2y

Hey @Carlo D.! I'm not a lender myself, but I've come across Bryt Software a bunch of times. It seems popular with short-term lenders. It's an LMS that looks really user-friendly. It offers a central hub to keep all your contacts organized and also gives automated features. Plus, they customize their quotes, so you can get a plan that fits your specific needs, whether you're a small lender or a larger operation.

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y

    @Carlo D.m

    What state?

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  • New to Real Estate · NY · Member since 2023 · 127 posts · 58 votes
    2y

    @Chris Seveney,  right now looking at Ohio. I didn't realize it was state specific. Thank you Sir!

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y

    @Carlo D.

    We use Madison management. Another very common one is FCI lender services

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  • New to Real Estate · NY · Member since 2023 · 127 posts · 58 votes
    2y
    Quote from @Chris Seveney:

    @Carlo D.

    We use Madison management. Another very common one is FCI lender services

     Thank you @Chris Seveney!

  • 12 Penns Trail Suite 138 Newtown, PA 18940 · Member since 2023 · 1k+ posts · 319 votes
    2y

    FCI and BSI are good ones 

  • New to Real Estate · NY · Member since 2023 · 127 posts · 58 votes
    2y
    Quote from @Jacob Sherman:

    FCI and BSI are good ones 

     Thank you @Jacob Sherman

  • Member since 2024 · 17 posts · 6 votes
    2y

    Hey @Carlo D.! I'm not a lender myself, but I've come across Bryt Software a bunch of times. It seems popular with short-term lenders. It's an LMS that looks really user-friendly. It offers a central hub to keep all your contacts organized and also gives automated features. Plus, they customize their quotes, so you can get a plan that fits your specific needs, whether you're a small lender or a larger operation.

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