The Odell Group | Web Portfolio | Industry Categories: Financial, Real Estate | Example of a Mobile and Manufactured Home Investment Services Website

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Manufactured and Modular Home Investor Services

		LOAN SERVICING				A few of Our Strategic Partners For more information about our partners, click on their logos. American Modern Insurance Group HUD Equal Housing Opportunity
		The Koffler Investor Group Services What We Sell!
		LET KIG BECOME YOUR PROFESSIONAL BACK OFFICE Don’t be burdened with communicating with the borrower, tracking payments, interest, late pays, handling foreclosures, etc. Private money lenders simply don't have the time, expertise, systems and tools to handle loan servicing or foreclosures, nor do they want the expense or liability that comes with it. Outsourcing your loan servicing to KIG will immediately free you up so you can concentrate on building your personal investment portfolio and business. We understand that you want your borrowers' payments electronically sent directly to your bank account! And, most importantly, KIG knows that the best way for our investors to service their loans is to outsource their loan servicing needs to a trusted, experienced third party — KIG. The Koffler Investor Group was founded in 2001, for this very reason! When a number of investors asked for help doing loan servicing and foreclosures on their private money loans, we realized the need to provide expert loan servicing. As a result, KIG offers comprehensive, high-quality loan servicing solutions with excellent pricing. We service individual loans and loan pools of any size for private investors, brokers, lenders, and institutions throughout California and Southern California in particular. KIG currently offers one, standard loan servicing platform designed to fulfill the varied needs of our clients. We also provide specialty loan servicing upon client request LOAN SERVICING PROGRAMS • Primary Servicing (KIG is the Servicer) • Sub Servicing (Broker earns a servicing fee) LOAN TYPES SERVICED • ONLY Manufactured and Modular Housing LOAN STATUS DEFINITIONS • Newly Originated Loan A loan of any type that has just been made and just closed. • Performing Loan Any loan that is current, one or two months delinquent, according to its original or modified terms. • Non-Performing Loan Any loan that is three months or more delinquent. The known situation for each loan should be disclosed. • Loan Pools A group of loans that may be performing, non-performing or mixed. The situation for each loan in the pool should be disclosed. STANDARD LOAN SERVICING PROGRAM FOR PRIVATE INVESTORS, BROKERS AND INSTITUTIONS This program is for newly originated loans, performing loans, performing loan pools, and KIG Promissory Notes. It consists of payment processing, basic collection, and default servicing. There is a one-time loan set-up and file scrubbing fee (submitted data reconciled to the document data). This is a full disclosure web site. All of our programs and primary pricing are included. KIG’s pricing structure on all programs is designed to be significantly less than the cost of sophisticated software, hardware, qualified personnel, office space, and the liability that comes with in-house processing. Click the program of interest on the left for the program description; for pricing chart, click here. PAYMENT PROCESSING Payment processing is set up as soon as a complete loan servicing set-up package is received. The fee is $20 per month per loan. The payment processing portion of the program includes: • Borrower Welcome Letter • Borrower Monthly Statement with Payment Coupon and Return Envelope • Lender Welcome Letter • Lender Monthly Statement of all Accounts • Same-day Payment Posting • Daily Disbursement of Funds (after clearing) • Electronic deposit of Funds (ACH) into Lender's account (OR multi-lenders on the same loan). Multi-Lenders per Note: There is a $20.00 fee per lender, per month on loan. • Optional Escrow/Impounds Service for Insurance and Taxes • Payoff Demands • Rush Demands • Disbursements and Draws • Releases & Reconveyances • IRS 1098 and 1099-INT Reporting • 24/7 On Line Secure Account Access for Brokers and Investor/Lenders • Optional ESCROW/IMPOUNDS service: When the borrower's monthly payment on a first position loan includes amounts for the payment of Property Taxes and/or Hazard Insurance, KIG will collect and hold those proceeds in a trust account and disburse the scheduled payments to the respective authority as scheduled. The fee is $25 per month per loan and will be added to the monthly loan servicing fee and prorated to the respective Lenders. Recommendation Note: On loans that do not use the optional escrow/impound service, it is recommended that the Broker or Investor/Lender file a "Loss Payee Notice" with the insurance company, check for payment of taxes once a year or use a tax service, and (if applicable) file a "Request for Notice of Foreclosure" with any senior lien holder. BASIC COLLECTION Basic collection starts when the borrower payment is 15 days past due. The fee is 50% of paid late charges. The basic collection portion of the program includes: • Late Notice sent at 15 days delinquent • Final Notice sent at 31 days delinquent • Borrower inquiry calls handled • Act as intermediary between Borrower and Broker or Investor/Lender • Notify Broker or Investor/Lender of Borrower need for refinance or modification Collection Option: Troubled loans in standard loan servicing can be transferred to KIG's high-touch servicing, collection and possible modification. Special-handling loan servicing is specifically designed to rapidly turn delinquent loans and loan pools into cash by restructuring loans, or by foreclosing and selling the properties. It is staffed by experts in skip trace, hard collection, loan workout, loan modification, foreclosure, and property sale. Call or email [impact@theodellgroup.us] for more information on special servicing handling. There is a $50 loan reset fee at transfer. DEFAULT SERVICING KIG handles the default servicing on all loans serviced. Foreclosure processing is an integral and required part of our Loan Servicing program. Fees will vary widely by state. The default servicing portion of the program includes: • Specific 30 day Notice of Intent letters available • Foreclosure process started immediately upon written request by Broker or Investor/Lender • National foreclosure processing or coordination • CA Declaration of Compliance • Legal Services coordination including Bankruptcy Relief and Eviction • REO management and property sale available For questions or additional information, please CLICK HERE. Geographic Area The majority of our services are rendered in California with particular emphasis on the Southern California region and surrounding environs.

If you would like more information about buying and selling Loans, investing in KIG Promissory Notes, or any of our

Loan Services and other Products, please contact KIG at impact@theodellgroup.us, or call 000.000.0000.

The current 2011 KIG Promissory Note offer with 6%-8% APR interest, is effective on all notes purchased prior to January 01, 2012. At any time, the KIG Promissory Note interest rate is subject to change without notice.
Every KIG Promissory Note recommitted on the anniversary of its purchase date may be subject to a different interest rate of return.

"The opportunity with the KOFFLER INVESTOR GROUP (KIG) is not being registered under the Security act of 1993, (the "securities act"), as amended, or under the California Corporate securities law of 1968. (The "California Act", as amended. The KOFFLER INVESTOR GROUP (KIG) is not offering to sell securities under state or federal law by providing you with this opportunity and overall discussion of the Manufactured, Modular, and Mobile Home industry. Please note that after you have made your initial decision to move forward to the next step, you should have any documents, prior to execution, reviewed by your accountant and attorney. By providing the information contained herein, The KOFFLER INVESTOR GROUP (KIG) is not making any representation about the proposed opportunity within the Manufactured, Modular, and Mobile Home industry."