Our Services

Regular Services

• Credit Reporting
• Transfer or Welcome Letter with Coupon Payment Book
• Collection of monthly payments
• Processing of monthly payments
• Disbursement of funds to appropriate parties
• Direct Deposit of Lender funds
• Monthly statements to Lender
• Monthly statements to Borrower
• Online Lender Account Access
• Automatic Debit payment option for borrowers (ACH)
• Management of Escrow Funds (Taxes & Insurance)
• Late Notices
• Issuance of yearly 1098 & 1099 IRS Forms
• Annual Account Analysis of Escrow Funds

Basic Collection Services

August REI, LLC acts as an intermediary between the Lender and Borrower, providing:

• Late Notices
• Calls to Borrower
• Notification to Lender

Additional Services (Upon Request)

• Homeowner Insurance — correction and implementation
• Deferred payment or workout programs
• Refinance or Loan Modification