Mortgage Loan Servicing

Throughout the life of your mortgage, you will be making payments each month to the company that services your mortgage.

Responsibilities of a mortgage servicer

  • Collect and process your monthly mortgage payments.  
  • Pay your property tax and homeowners insurance from your escrow account.  
  • Send you mortgage statements that detail what portions of your mortgage payments were applied to principal, interest, taxes and insurance.  
  • Notify you of any adjustments in your escrow payments to cover taxes and insurance in the coming year.