Get the free change of servicer form

Mortgage Guaranty Insurance Corporation Attn: Insurance Services P.O. Box 566, Milwaukee, WI 53201-0566 (800) 558-9900, FAX (800) 711-6442 MAGIC Notice of Change of Service NOTE: 1. For more information

How to fill out change of servicer form

How to fill out change of servicer form:

1. Start by obtaining the change of servicer form from your current loan servicer or the institution that will become your new loan servicer.
2. Read the instructions carefully to understand the required information and any supporting documentation needed.
3. Fill in your personal details on the form, such as your name, address, contact information, and loan account number.
4. Provide the name and contact information of your current loan servicer.
5. Include the name and contact information of the new loan servicer that will be taking over your loan.
6. Clearly state the effective date of the transfer of servicers.
7. If there are any specific reasons for the change, provide a brief explanation.
8. Review the completed form to ensure all information is accurate and legible.
9. Sign and date the form.
10. Return the form to your current loan servicer by the specified method, whether it is online submission, mailing, or in person.

Who needs change of servicer form:

1. Borrowers who wish to transfer their loan to a new loan servicer or lender.
2. Borrowers whose current loan servicer has changed and need to update their records.
3. Borrowers who need to update or correct their loan servicing information, such as contact details or payment instructions.

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What is change of servicer form?

The change of servicer form is a document used to notify regulatory authorities and relevant parties about a change in the servicing of a loan or mortgage.

Who is required to file change of servicer form?

The entity or individual that is responsible for servicing a loan or mortgage is required to file the change of servicer form when there is a change in servicers.

How to fill out change of servicer form?

To fill out the change of servicer form, you need to provide information about the loan or mortgage, the current and new servicer, and any relevant details about the change, as specified in the form.

What is the purpose of change of servicer form?

The purpose of the change of servicer form is to ensure transparency and proper documentation of any changes that occur in the servicing of a loan or mortgage.

What information must be reported on change of servicer form?

The change of servicer form typically requires information such as the loan or mortgage account number, names of the current and new servicers, effective date of the change, and any additional information required by regulatory authorities or the governing body.