A Mortgage Servicing Company for Private and Owner-Financed Notes
A licensed Texas mortgage servicer, bonded, NMLS 1419346 Established 1997 (29 years), headquartered in San Antonio Servicing Texas notes only, from $35 per loan each month
THE SHORT VERSION
A mortgage servicing company takes over administering a loan after it closes, so the lender does not have to. Moat manages your note day to day: borrower communications, payment posting, escrow collection and disbursement, IRS 1098/1099 reporting. If a loan falls behind and we cannot remedy the situation, we offer turn-key foreclosure services. Pricing is simple and transparent: $35 per month non-escrowed, $40 escrowed, with a one-time $150 setup.
Moat is a licensed Texas mortgage servicer built for private and owner-financed notes, NMLS 1419346. See the full fee schedule on our services and pricing page, or read how we handle owner-financed note servicing and default and foreclosure. Find the segment that fits your portfolio: private investors, land developers, and family offices. Already with another servicer? Here is how switching servicers works, with no missed payment cycle.
THE WORK
What does a mortgage servicing company do?
A mortgage servicing company collects and posts each payment, administers escrow for property taxes, hazard insurance, and HOA dues, sends borrower statements, and files IRS Form 1098 and Form 1099-INT. If a loan falls behind and the lender elects foreclosure, the servicer coordinates the Texas non-judicial foreclosure process under Tex. Property Code §51.002. The lender stays the lender of record; the servicer does the day-to-day work. Moat does this only on notes secured by Texas real estate, for private lenders who carry their own paper.
THE TEXAS MARKET
How common is seller financing in Texas?
Texas accounts for 24.7% of all U.S. seller-financed notes, the #1 state and roughly three times the next-largest, Florida (NoteInvestor / Advanced Seller Data Services, 2025). Residential notes are 62% of that volume by count, and about 86% are created by individuals doing a single deal. That single-jurisdiction depth is why a Texas-only servicer has a market to serve.
This is educational information, not legal, financial, or tax advice. Consult a licensed professional about your specific situation.
FREQUENTLY ASKED
Mortgage servicing company, answered
Move your Texas note to a licensed Texas servicer.
Every fee published up front.
- $150 setup
- $35/mo non-escrowed
- $40/mo escrowed
- No contract — 30-day notice to cancel