Services

Services

Our Services

Polaris Management offers a variety of note servicing options to meet your different needs.

Types of Notes We Service

  • Residential
  • Vacant Land
  • Commercial
  • Mobile Homes
  • Interest-Only
  • Long and Short Term Notes
  • Fixed or Adjustable Interest
  • Multiple Underlying Liens

Services included with one low monthly fee:

Collection

Emailed monthly statements and payment verification to Lender and Borrower.

Payments

Disbursement of all funds to appropriate parties (Lender, underlying loan, etc.)

Direct deposit to Lender’s account.

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Escrow

Escrow management and distribution.  Annual account analysis of Escrow Funds.

Tax Documents

Prepared year-end 1099INT and 1098 IRS forms for borrower and lender Federal Income Tax.

Records

Full accounting and record keeping of loans.

Additional services included with monthly fee:

  • All requests from Lender or Borrower concerning account status, loan balance, or payment history.  
  • Pursuit and collection of late payments via email, phone, and mailed notices.
  • Notifications to Lender of all loan events.
  • Deferred payment or workout programs. 

“$150 Set-Up and $45/month Servicing Fee per address. (regardless of escrow status or number of underlying liens)”

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