Loan servicing for private lenders
LendServa collects, splits, and posts every payment on your private notes — ACH autopay, borrower portals, payoff letters, and year-end tax exports. You originate the deal; the servicing runs itself.
Payments on Stripe rails • ACH autopay with bank verification • 1098 / 1099-INT ready
| Posted | Amount | Principal | Interest | Status |
|---|---|---|---|---|
| 08/04 | 623.07 | 292.78 | 330.29 | Scheduled |
| 07/04 | 623.07 | 290.72 | 332.35 | Posted |
| 06/09 | 673.07 | 288.68 | 334.39 | Late fee |
| 05/13 | 673.07 | 286.65 | 336.42 | Posted |
| 04/17 | 623.07 | 234.63 | 338.44 | Posted |
How a note moves through LendServa
Each stage hands off to the next automatically. You step in to approve — not to chase payments or rebuild amortization tables.
Enter terms; the full amortization schedule generates instantly. Policy collateral can follow later.
Your borrower gets a portal — loan terms, schedule, statements — and connects their bank once.
Autopay drafts on their chosen day. Every payment posts with the correct principal / interest split.
Sell the note; future payments reroute to the buyer. The borrower's experience never changes.
Payoff letters on demand, good-through dates, and per-loan interest totals ready for tax season.
What's in the box
Borrowers see their balance, schedule, and history — and pay by card or bank. Fewer “what's my balance?” calls, zero mailed coupons.
Bank account connects with micro-deposit verification and drafts monthly on the day the borrower picks. Failed drafts alert both sides.
Reminders 7 and 3 days before the due date; past-due notices at 1, 7, and 14 days late; configurable late fees with a grace period you set.
Loans move through 30/60/90-day states automatically. Demand letters and default notices generate from your letterhead when you decide to send them.
Monthly statements and payoff quotes with per-diem interest and a good-through date — generated as PDFs, not typed by you.
Per-loan interest and principal totals for any year, exportable as CSV for your accountant. 1098 and 1099-INT data in one click.
Note transfers
When you sell a note, the buyer accepts the transfer, connects their payout account, and every future payment routes to them — same portal, same autopay, same due date. Your borrower never re-enrolls, re-signs, or notices.
Set up your first note in about two minutes.