Houlihan-Parnes mortgage servicing department has been in existence for more than thirty years. H-P Capital, LLC currently services hundreds of loans. Many of these loans are serviced on behalf of private investors, insurance companies, banks, and other financial institutions.
All types of mortgages are represented within our loan servicing portfolio: firsts, seconds, wraps, and blankets. Additionally, we also deal with collateral, business, UCC, and hypothecation loans. Our servicing is capable of handling all sorts of loans including commercial, residential (including condos and co-ops), construction and bridge financing.
To further help us monitor our assets, lien searches and appraisals are obtained periodically and physical property inspections are performed on a regular basis. In addition, our experienced professional staff is in regular contact with all local taxing authorities in order to track real estate taxes, water and sewer charges, and any other legal assessments that might negatively impact the value of our assets. Proof of adequate insurance is also required and monitored on a daily basis.
Our job is to safeguard and protect the interests of both borrowers and lenders, insuring that each receives prompt and professional service.