Fees are one of the most bothersome elements about applying to have your loan serviced by a typical loan servicing company. If you are in need of loan services but are concerned about the fees associated with large loan companies, look no further. Great Lakes Loan Servicing is here to help middle class real estate owners as well as small business real estate investors who are focused on providing high-quality middle class housing options in the Great Lakes area.
Located in Downtown Cleveland, OH, our flat rate for processing fees is only $1.99 a month per loan. In bigger cities with high mortgages, charges can be as high as $8.00 to $10.00 a month for processing fees. We are also a discount operator at 25 basis points for large pools of loans or large apartment buildings, compared to our competitors at 60 to 100 basis points.