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Servicer Vs. Investor
Let’s clarify the difference between a mortgage company, your servicer, and an investor.
A servicer is someone who takes mortgage payments, provides customer support, sets up escrow accounts, and reports to credit bureaus ensuring everything stays on track with the loan.
An investor is a person or institution who puts out money in order to gain a profit. The investor is the actual owner of your mortgage.
Investors include Fannie Mae, Freddie Mac, VA (Veteran Affairs), FHA(Federal Housing Authority), and private investors.
Who Is Your Loan Owned By
Click here to see if your mortgage loan is owned by Fannie Mae. Click here to see if your mortgage loan is owned by Freddie Mac.
You may also call your servicer and they will be able to tell you who your investor is on your loan. Make sure to specifically ask who is the investor.
