How long does it take to get a small business loan from a bank?
Image Source Key takeaways• The timeline to get a bank business loan varies, but expect it to take at least a week • Several factors influence bank loan processing, including …
FCI Lender Services, Inc.
Loan Servicing Programs for Lenders of any size.
FCI Company: Revolutionizing Loan Servicing
Image Source In the dynamic landscape of finance, FCI Company stands out as a beacon of innovation and reliability in the realm of loan servicing. With a comprehensive suite of …
Maximizing Returns and Minimizing Risk: The Power of High-Touch Performing Loan Servicing with FCI
Image Source In today’s dynamic economic landscape, enterprises are constantly seeking avenues to optimize returns while mitigating risks associated with their loan portfolios. Amidst this pursuit, the significance of high-touch …
FCI’s Specialized Loan Servicing Program
Image Source In today’s dynamic economic landscape, enterprises often find themselves grappling with the challenge of non-performing loans, especially those that have missed the crucial third payment. When traditional methods …
Streamlining Mortgage Fund Administration for Enterprises
Image Source Mortgage Funds, also referred to as “loan pools,” present a compelling investment avenue for enterprises seeking higher yields in real estate loans while mitigating risks through diversified pooling …
FCI Lender Services, Inc.: A Pillar in Private Money Services for Over Four Decades
Image Source Established in 1982 as Foreclosure Consultants, Inc., FCI Lender Services, Inc. (FCI) has evolved into a powerhouse in the financial landscape, specializing in non-qualified mortgage (Non-QM) and private …
Private financing for small businesses
Many small business owners often need financing assistance to get started or to get out of a financial problem that comes up along the way. However, it is very difficult …
What is a private money loan?
If you are looking for loans, you have probably heard of private money loan and are wondering what this form of lending is all about. Private money loans are common …
Loss mitigation options to avoid foreclosure
Following the latest housing crisis in 2008, state government agencies have been stepping up mortgage relief programs that encourage lenders and servicers to use loss mitigation options that allow borrowers …
What is loan forbearance?
Loan forbearance occurs when a lender approves skipping a specific number of scheduled payments on your loan due to the circumstances that caused the missed schedule payments from being made. …
What is a Trial Payment Plan (TPP)?
A trial payment plan (TPP) is the first step in the loan modification approval process. A TPP signifies the end of the loan modification review process and is considered an …
FCI Financial API on Azure
Improve your financial experience FCI Lender Services has just launched their Financial APIs on Microsoft Azure cloud. This enhancement takes FCI’s revolutionary APIs and makes them faster, scalable to traffic …
5 Types of Mortgage Loans
Mortgage loans are a convenient and effective tool that provide the necessary capital to be able to obtain the home or property of your dreams. If you are interested in …
What is Loan Processing?
Loan Processing means the steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, …
How do I request a payoff of my loan?
The term of pay off amount is the amount you must actually pay to satisfy the debt. It will include all the amounts you must settle, including interest up to …