We all know the old saying “an ounce of prevention is worth a pound of cure”. When it comes to borrowers looking for a business loan, that’s especially true. Borrowers, especially those who’ve never applied for a business loan, are … Read More
At some point, every lender is faced with a borrower who has missed a payment deadline. At Total Lender Solutions, we specialize in helping lenders manage the foreclosure process – but honestly, we’re staunch advocates of avoiding that process when … Read More
It’s always best to solve problems before they become problems. Nowhere is this more true than in the lending business. We see far too many borrowers get into trouble because they overextend themselves – or, ironically, find themselves struggling to … Read More
As many of our clients have discovered, the work involved in foreclosure processing is complex. There are federal and state guidelines to follow, and the procedures – such as knowing documentation is needed, where to file it, and when – … Read More
The COVID-19 pandemic has had a devastating effect on many service-focused businesses. Chief among these have been restaurants and hotels; a marked decrease in travel, widespread job losses, and limitations on in-person activity have all contributed to a rise in … Read More
Foreclosures by their very nature are deeply complex; commercial foreclosures doubly so. Unique challenges surround commercial property foreclosures, from franchise issues to how residential tenants must be treated if the property is sold at auction. It’s no wonder that … Read More
If getting a borrower to work with you to resolve a delinquent loan was easy, it’s safe to say that we at Total Lender Solutions would need to look for a new line of work. The foreclosure process itself … Read More
Foreclosing on commercial properties presents different challenges than foreclosing on residential homes. For traditional businesses and services, such as stores and restaurants, there are issues surrounding collateral (kitchen equipment, for example) and ownership. Foreclosing on an apartment building can … Read More
It surprises a lot of people when we say that we think foreclosure should be a last resort: after all, foreclosure processing is our bread-and-butter. But part of our ethos is to provide the best possible service to the lenders … Read More
The Total Lender Solutions team operates in a few different states, and understanding each state’s foreclosure laws and procedures is crucial to us and our clients. In this series, we’ve reviewed the non-judicial foreclosure process in California, Arizona, and Texas. … Read More
Total Lender Solutions and Mortgage Lender Services have come together to form a single assessment collection partner. Under the name Total Lender Solutions, we will continue business with the same people you have come to know and trust over the years, and we remain dedicated to serving all of our clients with integrity and care.