What Can (and Can’t) Mortgage Servicers Do?
Mortgage servicers are a vital part of the home loan process. They help manage the relationship between homeowners and lenders, acting as intermediaries who handle payments and paperwork. But what exactly can they do? This article will explore what mortgage servicers can and cannot do so you can make an informed decision when it comes to your mortgage.
Mortgage servicers are responsible for collecting payments from homeowners, managing escrow accounts, handling foreclosures in cases of default, processing applications for loan modifications or refinances, responding to customer inquiries and more. In other words, they’re responsible for keeping track of everything that has to do with your mortgage loan.
The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706