|Lake City Servicing is a comprehensive real estate loan servicing company for investors holding real estate notes for non-owner occupied residential and commercial property. Lake City Servicing offers a complete relationship for investors and borrowers by providing a range of services designed to accommodate the investors desired involvement with the borrowers. Our mission is to provide value and protection to individuals and portfolio lenders through the servicing and collection of private money loans, and when necessary the foreclosure on and disposition of real property.|
Who We Are
Premier servicing arm of Secured Investment Corp., serving clients nationwide.
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Who We Serve
Borrowers: We're here to service and monitor your loan account in many different ways. We process loan payments, reinstate calculations, handle note modifications, principal paydowns, payoff quotes, and your payoff payments.
Lenders: We provide assistance with note modifications, insurance tracking, foreclosures and REOs, and buyout agreements. We also provide easy access to monitoring, monthly reporting, and no hassle, automatic deposits.
Our service specialists have a comprehensive understanding of structured real estate transactions including interest only, negative and fully amortized notes, and fixed rate or ARM loans.
Interest is calculated on 360 or 365 day basis or Actual Days calculation with regular interest reporting.
Our service loans are based on agreements between all parties to help maintain the integrity of the borrower/buyer to seller/lender relationship.