Services
Radar is a full service Lender Service Provider. We offer the following services a la carte or packaged to your lending institutions specific needs.
Recent Posts
Recent Posts
POST-CLOSING & SERVICING
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