Mortgage Servicer
Also known as Loan Servicer
The company you actually send payments to and deal with — which may not be who you got your loan from.
In plain English
Your loan servicer handles day-to-day account management: collecting payments, managing your escrow account, and handling customer service. Loans are often sold to a different servicer after closing, which is normal and doesn't change your loan's terms.
If your servicer changes, your loan terms stay the same — but make sure you update autopay and contact info promptly to avoid a missed payment.
Where you'll run into it
Guides and tools on TheBuyingPath that cover mortgage servicer in context.
Related terms
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