SELLER LOAN SERVICING

Qualification of Transaction and Borrower for Seller Review

Qualification of Transaction and Borrower for Seller Review

Qualification of Transaction and Borrower for Seller Review

Financial qualification of borrower.
Complete loan file processing and underwriting of transaction.
Proprietary Underwriting Model for Seller Review.
Review of Transactional risks relating to property type and tenancy.
Identify risk factors for discussion with seller.
Proprietary Model to help identify rate vs risk of loan.

Custom Loan Documents and Legal Review

Qualification of Transaction and Borrower for Seller Review

Qualification of Transaction and Borrower for Seller Review

Emac provides consultation of factors in loan document formation.
Review of Interest rate, Prepayment and loan terms with market trends.
Review of tenant rules or improvement protections for term of loan.
For Commercial Loans a review of environmental protections from tenants.
Review of Insurance requirements for different tenancy’s.
Full spec

Emac provides consultation of factors in loan document formation.
Review of Interest rate, Prepayment and loan terms with market trends.
Review of tenant rules or improvement protections for term of loan.
For Commercial Loans a review of environmental protections from tenants.
Review of Insurance requirements for different tenancy’s.
Full spectrum discussion of protections for seller in the event of a default.

Loan Servicing Features

Qualification of Transaction and Borrower for Seller Review

Loan Servicing Features

Emac provides a master loan servicing agreement with sellers.
We assist in any collections or actions during life of loan.
Payments are processed and distributed to seller monthly.
Emac tracks the payments of Property Taxes and Insurance of borrower.
We handle year end tax documentation and requirements.