SELLER CREDIT PRESERVATION PROTOCOL
Mortgage Servicing Terms
Mandatory third-party loan servicing standards protecting seller credit scores through verifiable escrow management.
Mandatory Independent Servicer
In every Subject-To closing transacted on our network, buyers cannot send manual check or direct bank transfers to sellers. Instead, an independent bonded loan servicing company (such as Weststar Loan Servicing or equivalent) is legally assigned at escrow.
Key Servicing Requirements
- Automatic ACH Debits: The buyer establishes recurring ACH withdrawals 5 business days prior to the first of each month.
- Seller Portal Access: The seller retains real-time dashboard visibility to verify monthly disbursements and annual tax escrow statements.
- Default Notice & Escrow Reserves: A minimum 2-month reserve buffer is held to cure any banking latency before a 30-day late mark could ever occur.
Need servicing setup assistance?
Our support team guides sellers and buyers through servicer registration and automated bank drafting.