Posted by John Behle on March 09, 1999 at 19:09:55:
Loan Servicing fees vary from area to area depending on the competetion. Usually they are between about $10-25 per month depending on how many checks need to be cut on a monthly basis.
A few calls to your local title or escrow companies should give you an idea what is standard in your area.
What Are Typical Management Fees? - Posted by MN~Chicago
Posted by MN~Chicago on March 03, 1999 at 23:42:02:
If an investor wants to hold the note
but does not want to bother with collecting
monthly payments, collections, servicing,
etc, what are the fees to charge for
taking on this activity?