POST-CLOSING & SERVICING

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Post-Closing Services Provided By Radar Include:

• Post-Closing Review and set up of Ticklers for all Insurances and Financial Statements

• Coordination of Construction Inspections and Draws

• Collection of all Insurances as required by the Loan Authorization

• Collection of Annual Financial Information

• Financial Analysis of Annual Financial Statements

• Sale of Guarantee in Secondary Market if requested and all associated paperwork Coordination with Lender’s Loan Operations to settle the Loan Sale

• Post-Closing Paperwork to SBA or USDA

• Colson Reporting

  • Initial

  • Ongoing

• Payment Allocation and reconciliation

• Coordination of the payment of the on-going SBA Fee Compliance Monitoring

• Collection Activities