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Loan Servicing

Loan Servicing Division

Servicing Commercial Loans for Over 30 Years

As a loan servicer, Largo is the direct liaison between its Lenders and Borrowers. We play a critical role to ensure that each transaction is handled smoothly throughout the loan life cycle.

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Superior Service

Our servicing team is highly responsive and focused on maintaining a sense of urgency and attention to detail

Expertise

Our strong analytical knowledge of the commercial real estate finance industry allows us to effectively manage lender loans and borrower requests.

Experience

With over 30 years of servicing commercial loans, our seasoned team of professionals is equipped to handle every aspect of loan administration, from payment collection to asset management.

Technology

Largo uses FICS®, Financial Industry Computer Systems, Inc., which specializes in providing flexible, comprehensive commercial technology solutions to the mortgage industry.

Proven Results

Largo has serviced commercial loans for over 30 years and currently houses a $3.4 billion servicing portfolio.

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BILLION

LOAN SERVICING

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PROPERTIES

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Institutional Lending Sources

Recognitions

Due to Largo’s responsive team of professionals with strong analytical knowledge, Largo has received the following recognitions:

2022 Awarded Loans from Security Mutual
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2021 Exceptional Rating in Loan Servicing & Asset Management for Mutual of Omaha
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2018 Excellence in Loan Closing for Symetra
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PPM #1 Rated Servicer from 2007 - Present
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Awarded Portfolio of Loans to service from StanCorp
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Awarded Portfolio of Loans to service from Symetra
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Symetra's Insurance Elite List
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100% Accuracy on VOVA Insurance Audit
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2015 Excellence in Loan Closing for Symetra
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2016 Excellence in Loan Closing for Symetra
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2016 Excellence in Servicing for Symetra
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2017 Excellence in Loan Closing for Symetra
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Rated 5/5 by PPM for Loan Closing
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What We Do

Largo’s Servicing Department is responsible for a variety of duties tailored to each lender’s requirements.
Some of those duties include:

Collection and processing of monthly debt service payments

Maintaining real estate tax, insurance and tenant improvement escrow and reserve accounts

Cash management services

Monitoring real estate taxes

Monitoring insurance coverage according to lender specifications

Monitoring and renewing UCC’s

Monitoring, reviewing and approving leases

Performing annual site inspections

Analyzing operating statements and financial statements

Processing various borrower requests

Reminders for Borrowers

Contact Information

Our servicing staff is always available to assist with any requests or answer any questions you may have. Largo’s servicing portfolio is administered out of our Getzville, New York Office located at:
Largo Real Estate Advisors, Inc.

2420 North Forest Road
Getzville, New York 14068

Team

Loan Servicing Department

Central Payment Collection Address

For those who would like to utilize our central payment collection services, please mail checks to the following address:

For Standard Mail Delivery & Overnight (Unless otherwise noted):

Largo Real Estate Advisors, Inc.

2420 North Forest Road
Getzville, New York 14068
Attn: Loan Servicing Department

Automatic Payment Withdrawal

Largo Real Estate Advisors, Inc. currently offers customers the ability to have monthly mortgage payments automatically deducted from a specific account. This free service ensures timely payments and helps reduce costs, avoid late charges and reduces processing time. Please consider enrolling in this free service by contacting Largo’s Loan Servicing Department.

Partner

Contact Us
Do you need commercial real estate financing on a current project? Fill out our contact form below and one of our representatives will be in touch within 24 hours.

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