Madison One Lender Services, LLC “M1LS” recognizes that properly servicing loans is mandatory for lenders to preserve its loan portfolio and prudent lending practice. This is especially true for government guaranteed loan programs which offer loan guarantees through the Small Business Administration (SBA) and United States Department of Agriculture (USDA).
In order to protect the integrity of government guaranteed loans, the agencies have developed a strict set of procedures and regulations that lenders must follow to ensure the preservation of the loan guarantees. M1LS draws on 40 years of experience in government guaranteed lending specifically with respect to the SBA 7(a), SBA 504 and USDA Rural Development programs.
M1LS is well equipped to meet the servicing requirements of each loan product. By outsourcing the packaging and servicing responsibilities to M1LS, lenders can immediately penetrate these markets, generate revenue and forgo the time and expense necessary to build-out the infrastructure of a specialized department.