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How It Works

The servicing fee is added to the borrower's payment.

The monthly servicing fee is added on top of the borrower's contractual payment. NoteServ collects the full amount, applies the borrower's payment to their account, and retains the servicing fee.

Example

Borrower's monthly payment $500.00
Tier 2 servicing fee (ACH) $35.00
Total collected from borrower $535.00

Who pays the servicing fee (buyer, seller, or split) is determined by the agreement between the parties. NoteServ can allocate the fee according to your contract terms.

Servicing Tiers

3 tiers. Pick by account complexity.

Every tier builds on the one before it. ACH autopay earns a discounted rate on Tier 2 and Tier 3 because automated payments reduce administrative overhead.

Tier 1

Basic Servicing

$25 /month

ACH autopay required. Best for loans that remain current and require minimal intervention.

  • Payment processing
  • Secure borrower payment portal
  • ACH autopay management
  • Ledger tracking and payment history
  • Monthly statement availability
Get Started

Tier 1 assumes payments remain current. Does not include active delinquency management.

Tier 3

Complex Servicing

$55 /month

$45/month with ACH autopay. For agreements requiring impound management, tax monitoring, and insurance tracking.

  • Everything in Managed
  • Impound management
  • Property tax monitoring
  • Insurance tracking
  • HOA monitoring (where applicable)
Get Started

HOA invoices must be submitted through the portal for scheduling. NoteServ cannot actively request invoices from associations.

Onboarding

Account setup fees.

Every new account goes through a structured onboarding process. Each note is reviewed and configured to make sure payment schedules, balances, and documentation are correct from day one.

Setup Type Per-Note Fee Details
Standard Setup $200 For agreements without impounds. Includes account configuration, payment schedule setup, and borrower portal activation.
Complex / Impound Setup $300 For agreements requiring impound management (property taxes, insurance, HOA payments). Includes standard setup plus escrow account configuration.
Portfolio Onboarding $175 Per note, for investors with 15+ active notes serviced through NoteServ. Assumes ACH autopay enrollment for all eligible accounts.
Portfolio pricing reflects the operational efficiencies gained when servicing multiple agreements for the same investor. Once an investor reaches 15 or more active notes, the portfolio onboarding rate applies to additional notes added thereafter.
Payment Methods

How borrowers make payments.

Preferred ACH Autopay

Automatically processed according to the payment schedule. Most reliable and cost-efficient option. Accounts with ACH autopay receive discounted servicing rates on Tier 2 and Tier 3.

Borrower Payment Portal

Secure online portal for debit card payments. Available to all borrowers with an active account. Payments are posted according to processing timelines.

Mailed Check

Check payments processed through the NoteServ payment processing center. Payments credited based on the date received and processed. Weekend and holiday payments post the next business day.

Wire Transfer

Available for payoffs or large transactions. Contact NoteServ for wire instructions. Wire transfers are not used for standard monthly payments.

Policies

Administrative policies.

To maintain accurate records and fair servicing for all parties, NoteServ follows standard administrative policies.

  • Returned ACH or check payments may incur a $30 administrative processing fee.
  • Payments are applied according to the terms of the underlying agreement. NoteServ processes and records payments but does not alter contractual obligations.
  • Accounts with repeated returned payments may require ACH-only payments or additional verification.
  • Extensive account research requests, reconstruction of historical records, or special reporting may incur an administrative service fee.
  • Payments are credited based on the date received and processed. Payments after daily cutoff or on weekends/holidays post the next business day.
Administrative servicing only. NoteServ does not provide legal, tax, or compliance advice. We do not lend money, broker loans, hold funds in trust, or make financial decisions. Administrative support is provided within normal business operations and is not unlimited or on-demand.
Next Step

Have questions about the right tier?

Submit an intake form with your agreement details and our team will recommend the appropriate servicing level.