Security 1st Title provides secure and reliable contract servicing utilizing the latest technology to ensure efficiency, accuracy and transparency. When seller financing is involved, this service role is a third party between a buyer and a seller. We see and act as a neutral third party for the payment process.

With Security 1st Title, all parties involved receive easy-to-follow instructions, and outstanding customer service. When questions arise about an account, Security 1st Title responds to inquiries promptly with a dedicated team of experts.

IN THESE ARRANGEMENTS, CONTRACT SERVICING MAY INCLUDE:

• Holding transfer documents in escrow until the terms of the agreement are fulfilled
• Online access to payment history and reserve balance
• Monthly payments (via payment coupons or automatic ACH debits from the borrower’s bank account)
• Direct deposit to the lender/seller’s bank account
• Payment receipts and notices for funds received, applied and disbursed
• Automatic assessment of late fees
• Payoff statements
• Full principal, interest, reserves (PITI) reporting
• Annual I.R.S. 1099 and 1098 tax interest forms in conjunction with prior years payment history

Contact us today to discuss your escrow contract servicing needs further.