Are you searching for a reliable loan servicing company? Look no further than Loan Servicing LLC. As one of the leading companies in the industry, they offer a wide range of services that cater to your needs. In this comprehensive review, we will delve into everything you need to know about Lakeview Loan Servicing LLC, including their services, pros and cons as well as legitimacy. Keep reading to find out if this company is right for you!
What is Lakeview Loan Servicing LLC?
Lakeview Loan Servicing LLC is a loan servicing company that provides customers with a range of services to manage their loans. They specialize in mortgage loans and offer various solutions such as refinancing, loan modifications, and payment processing.
The company was established in 2007 and has since then grown to become one of the leading players in the industry. Their primary goal is to provide clients with an efficient and hassle-free experience when it comes to managing their loans.
One notable feature of Loan Servicing LLC is their online portal which allows customers to access information about their accounts anytime from anywhere. This platform enables users to make payments, monitor account activity, request assistance or submit inquiries without necessarily visiting any physical branch.
If you are searching for a reliable loan servicing company that offers convenience and flexibility through cutting-edge technology solutions like an online portal, then Lakeview Loan Servicing might be worth considering.
What Services Does Lakeview Offer?
Loan Servicing LLC offers a variety of services for homeowners and borrowers. One of their main services is loan servicing, which means they manage payments and communication between the borrower and lender.
They also offer mortgage origination services, which is when they help buyers secure a new home loan. This includes pre-approvals, underwriting, and closing support.
Another service offered by Lakeview Loan Servicing is loss mitigation. If a borrower falls behind on their mortgage payments or faces financial hardship, Lakeview can work with them to find alternative solutions such as loan modifications or short sales.
In addition to these primary services, Lakeview also provides online account management tools for borrowers to easily access information about their loans and make payments online.
Loan Servicing LLC provides comprehensive support for all stages of the homeowner experience from securing financing to managing ongoing payments.
Pros and Cons of Lakeview Loan Servicing LLC
Pros and Cons of Lakeview Loan Servicing:
Pros:
Lakeview Loan Servicing offers a variety of mortgage loan servicing options, including FHA loans, VA loans, USDA loans and conventional mortgages. The company also provides refinancing services for those who want to lower their monthly payments or pay off their loan faster.
One significant advantage of working with Lakeview is its online portal that allows clients to access their account information, make payments and schedule automatic payments quickly. This service makes it easier for homeowners to manage their finances from the comfort of their homes.
Another pro is the company’s commitment to customer support. The website has an extensive FAQ section where borrowers can get answers to common questions about mortgage servicing.
Cons:
Despite its advantages, there are some cons associated with Loan Servicing LLC. Some customers report inconsistency in communication from customer service representatives. Others have experienced difficulties navigating the payment system on the website or encountered errors when attempting to make online payments.
Additionally, some borrowers have reported issues with late fees charged by Lakeview even though they claim they made timely payments as per agreement terms.
While there are pros and cons associated with using Lakeview Loan Servicing as your lender or servicer; each homeowner must do thorough research before making any decision concerning mortgage lenders/servicers based on individual needs/preferences/affordability/etc.
Is Lakeview Legit?
When it comes to loan servicing companies like Loan Servicing LLC, legitimacy is one of the most important factors to consider. The question of whether or not Lakeview is legit has been asked by many borrowers who are considering using their services.
One way to determine if a company is legitimate is to check its licensing and accreditation. In the case of Lakeview, they are licensed in all 50 states and have received accreditation from the Better Business Bureau (BBB), where they currently hold an A+ rating.
In addition, Lakeview Loan Servicing has been in business for over 20 years, which speaks volumes about their reputation and reliability as a loan servicer. They also have positive customer reviews online from satisfied borrowers who have used their services.
It’s important to note that while there may be some negative reviews out there, this is common for any service provider. What matters more than individual complaints is how the company responds to them and works towards resolving any issues that arise.
Based on their licensing, accreditation, longevity in the industry and positive customer feedback – it appears that Loan Servicing LLC can indeed be considered a legitimate loan servicing company. Read more…
Conclusion
After our comprehensive review of Lakeview Loan Servicing LLC, it is clear that they are a reputable and reliable loan servicing company. They offer a variety of services to assist homeowners in managing their mortgages, including online account access, payment processing options, and personalized customer support.
While there may be some drawbacks such as limited availability in certain states and slightly higher fees than some competitors, the overall consensus is that Lakeview Loan Servicing provides excellent service to its customers.
If you are looking for a trustworthy loan servicing company with an emphasis on customer satisfaction and convenience, then Loan Servicing LLC is worth considering. With their user-friendly website and knowledgeable staff members available to answer any questions or concerns you may have, they make it easy for homeowners to manage their mortgages efficiently.
