Evergreen Note Servicing alternative for Texas notes
A factual, side-by-side look at how Moat and Evergreen Note Servicing compare for Texas private notes — single-state Texas focus, published versus on-request pricing, and §51.002 default depth.
SIDE BY SIDE
Moat and Evergreen compared on what Texas lenders ask about
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| Topic | Moat Note Servicing | Evergreen Note Servicing |
|---|---|---|
| Geographic focus | Texas only. Single-state operations. | For the states served, refer to their published materials and NMLS Consumer Access. |
| Headquarters | San Antonio, Texas. | Puyallup, Washington (615 E Pioneer, #201), per notecollection.com. |
| Regulator / NMLS | Licensed Texas mortgage servicer and bonded, NMLS 1419346 (Texas SML). | NMLS #394102 (published on notecollection.com; confirm at NMLS Consumer Access). |
| Fee transparency | Full schedule published up front: $150 setup, monthly, $50 payoff, $35 NSF, 50/50 late-fee split. No contract; 30-day notice to terminate. | Refer to their published materials. |
| Performing servicing fee (per loan, per month) | $35 non-escrowed or $40 escrowed; escrow is included in the escrowed fee. | Refer to their published materials. |
| Escrow administration | Included in the escrowed monthly fee: accrual, annual analysis, disbursement to taxing authority and insurer. | Offers a tax/insurance impound service. For terms and pricing, refer to their published materials. |
| Wraparound / all-inclusive notes | Not serviced. Moat does not service wraparound or subject-to notes. | Refer to their published materials. |
| Texas Property Code §51.002 default work | Day-to-day practice in Texas counties: notice work, trustee coordination, post-sale reconciliation. | Refer to their published materials. |
Evergreen figures reflect publicly available information (notecollection.com, NMLS public records) at the time this page was written; refer to Evergreen's published materials for its current schedule before relying on the descriptions above. Moat figures are the current published rate card and match /services.
WHO THIS IS FOR
You are a Texas private lender or investor currently using Evergreen Note Servicing (notecollection.com) and want a side-by-side look at how Moat would handle the same portfolio. Evergreen is a private-note servicer based in Puyallup, Washington; Moat is Texas-only with a published fee schedule. This page sets the facts side by side and lets you choose the fit.
Editorial comparison page by Moat Note Servicing. Cites only publicly available information about Evergreen Note Servicing (notecollection.com and NMLS public records). Not affiliated with or endorsed by Evergreen. If a fact is out of date, email customersupport@moatnoteservicing.com and we will correct it.
Published pricing you can total up front
Moat publishes the whole schedule, including setup, monthly, payoff, NSF, and the late-fee split, so you can total the real cost before boarding a single loan. For Evergreen's current fees, refer to their published materials.
Single-state Texas depth
Moat services Texas only, which means default and non-judicial foreclosure on every file run under Tex. Property Code §51.002. If you hold notes in multiple states, a single-state servicer cannot cover the whole book; if your notes are Texas, the single-jurisdiction focus is the trade. For the states Evergreen serves, refer to their published materials.
How a note moves from Evergreen to Moat
Notify Evergreen per your servicing agreement, submit the loan file to Moat, and coordinate the borrower transfer notice. Boarding typically takes 5–10 business days from form submission to active servicing, with an optional $50 expedite per loan for a 48-hour turnaround. For the full process, see switching mortgage servicers in Texas. To weigh Moat against the other servicers Texas private lenders ask about, start with how to choose a Texas note servicer.
FREQUENTLY ASKED
Evergreen alternative, answered
Switching from Evergreen to Moat
The full transfer process is on the switching servicers page. Moat-side boarding typically takes 5–10 business days from form submission to active servicing; the $50 expedite targets a 48-hour turnaround. No transfer fee from Moat.
Editorial comparison page by Moat Note Servicing. References to Evergreen Note Servicing cite public information at notecollection.com and NMLS public records. Evergreen's pricing and policies vary over time; refer to Evergreen's published materials for current terms before relying on the descriptions above. Moat Note Servicing, LLC (NMLS 1419346) is a Texas-licensed mortgage servicer based at 1602 N PanAm Expy, San Antonio, TX 78208.
Want a like-for-like quote against your Evergreen terms?
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