Mortgage Servicer

A mortgage servicer is a company that manages your home loan after you take it out. Their responsibilities include collecting monthly payments, handling escrow accounts for property taxes and insurance, and providing customer support for any loan-related inquiries. If you miss payments, they may also assist with options for repayment. Essentially, they act as the main point of contact between you and your lender throughout the life of your mortgage, ensuring everything runs smoothly.