The servicing fee is a percentage of each monthly mortgage payment from the borrower to a loan servicer as compensation for keeping record of payments, collecting and making escrow payments, paying appropriate principal and interest payments to noteholders, etc. On PeerStreet, servicing fees typically range from 0.25%-1.00%.
Servicing Fee
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PS Funding, Inc. CA Bureau of Real Estate - Real Estate Broker License No. 01984664; California Finance Lenders License 60DBO-45398
PS Funding, Inc. CA Bureau of Real Estate - Real Estate Broker License No. 01984664; California Finance Lenders License 60DBO-45398