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The fields in this document are filled in by Mortgage+Care Loan Origination Software. Please contact us at (800)4812708 or www.mortcare.com for a list of mergeable documents. PENSCO TRUST COMPANY.

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Written service agreements will inform borrowers about what they can and should expect from their relationship with their licensed mortgage broker. The agreements will: describe the responsibilities and services of the mortgage broker. outline the obligations of the mortgage broker and the borrower.

Types of Loan Servicers There are student loan servicers, personal loan servicers, and even mortgage servicers. However, each of these may be one type of loan servicers, such as a bank, online lender, or even a third-party company.

A loan refers to any type of debt and is a sum of money that is borrowed and then repaid over time, typically with interest. In contrast, a mortgage is a loan used to purchase property or land.

A loan agreement is a formal contract between a borrower and a lender. These counterparties rely on the loan agreement to ensure legal recourse if commitments or obligations are not met. Sections in the contract include loan details, collateral, required reporting, covenants, and default clauses.

A loan servicing agreement is a legal agreement between a lender and a third party, the servicer, that outlines the terms and conditions for which that third party will provide loan servicing services.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232