In-House Loan Service
Once your mortgage loan is closed, lenders have the option to sell the servicing of your loan. If a lender chooses to sell the servicing of your loan, you will be notified and would deal with the company that the loan servicing was sold to. It can be confusing where to send your payments to. Simply put, if your loan servicing is sold, you would not deal with the same company that originated your loan. All your questions and mortgage payments would be to the loan servicing company. This could happen multiple times throughout the duration of your loan.
What's different about Range Bank mortgage services?
We don’t sell your loan servicing! Customer service is a top priority and that is why we service all of our mortgage loans. If you have any questions regarding your loan, we encourage you to call us. Your relationship with Range Bank does not end once the loan closes, it has just begun.
What does our mortgage servicing team do?
All of our underwriting, processing and servicing is done in house at Range Bank. Some of the functions involved in servicing a loan are: ensuring your property tax and home insurance bills are paid, tracking loan payments, and sending out annual statements for escrow accounts that involve your property taxes and home insurance.