Schedule of Fees

Services Available

Initial Setup Fee – $100.00

Service fee is based on number of payments being made per year on contract

Service Fee for monthly payment contract- $18 per month ($216.00 a year)

Service Fee for quarterly payment contract – $35 per quarter ($140.00 a year)

Service Fee for bi-annual payment contract – $60 ($120.00 a year)

Service Fee for one annual payment contract- $100.00


Service fees include

  • Billing statements sent to buyer/tenant and copy to seller/landlord providing the following information:
    • Next due date and payment amount
    • Amount of any late fee assessments
    • Date and amount of last payment received
    • Principal balance after last payment
    • Reserve balance after last payment
    • Year-to-date interest
  • One annual or monthly amortization
  • Disbursement of two checks per month
  • Automatic late fee assessment
  • Online access to account information
  • Late notice sent to buyer/tenant with copy sent to seller/landlord
  • Reserve account for property tax and insurance

Additional services available

Each additional monthly disbursement (per month) – $2.00

Assignment of buyer’s or seller’s interest – $50.00

Modification fee – $25.00

Demand Notice sent certified mail – $30.00

Returned check fee – $20.00

Closeout fee – $30.00

Automatic withdrawal – $1.00

Back up withholding – $40.00month

Depository services – Call for quote

Payoff quote – $25.00

Reinstatement quote – $25.00

Request for reconveyance – $30.00

Substitution of trustee – $10.00

Mortgage verification fee – $10.00

Payment by phone – $5.00

Account research – $30.00hr

Payment history for each year requested – $5.00