Pricing
For the level of loan servicing provided, our pricing sets us apart:
Additional Fees – Special Considerations are made
for Non-Profits
for Non-Profits
Item
Fee
Notes
Onboard Fee
$100.00
New Loan Onboard Fee
NPL Onboard Fee
$500.00
Setting up NPLs – over 120 days delinq
Portfolio Transfer In Fee
Quoted
Quoted by Covey Financial
Bankruptcy Fee – In house compliance
$500.00
Modifying our system and coordinating with client counsel
Note Sizes greater $1mm<$5mm
$50.00
A minimum $50 per month as servicing fee
Note Sizes greater than $5mm
$100.00
A minimum $100 per month as servicing fee
Additional Investors
$10/ea
$10 added to quoted servicing per additional funding investor
Research for missing Loan Servicing Setup data
$150/hr
Hourly rate to research missing information
Special Requests
Quoted
Quoted before starting request
Maturity Warning
$25.00
Sent 60-90 days prior to maturity date
Lender Bank Account Update
$100.00
Updating Lender Bank Account
Early Close Out Fee
$100.00
Foreclosure/Deed In Lieu…etc
Foreclosure Classifcation
$100.00
Modifying our system and coordinating with client counsel
Loan Reset
$25.00
Changing of data (loan terms, programs, deferrals…etc)
monthly servicing fee schedule (per Loan)
We require a minimum of 20 loans (exceptions are made for non-profit organizations). Below is our 2025/2026 pricing.
Loan Count
Standard Rate
Non-Profit
Discount Rate
1-19
$35
$28
20-49
$30
$24
50-99
$25
$20
100-199
$22.5
$18
200-499
$20
$16
500-999
$17.5
$14
1000+
$15
$12
