As you get settled into your new home, secure and keep the copies of your purchase contract and closing documents. It is important to know your first payment information. The closing documents have a payment coupon included that you can use to ensure your payment is made on time. If you have any questions or concerns, do not hesitate to contact your mortgage consultant.
What is Loan Servicing?
After you close your loan with Mountain West Mortgage, you will receive notification that your loan will be serviced by another company. The loan servicing company is a payment processing center. They will handle your payments and your escrow account payables. However, they are not your lender.
Remember, no matter who “services” your loan, Mountain West Mortgage is your lender and your mortgage consultant is your advocate. Even if you have questions about your payments to a servicing center, your mortgage consultant can help make that communication easier. Mountain West Mortgage will help with all your mortgage questions and needs before, during, and after your transaction closes.