Lake City Servicing

What Lake City Servicing does

Lake City Servicing is a privately held US real estate loan servicer headquartered in Coeur d'Alene, Idaho, operating as a specialized division of Secured Investment Corp (NMLS #1760709). The company focuses exclusively on servicing private money loans secured by non-owner-occupied residential and commercial real estate, serving two primary customer sets: private money lenders/investors holding real estate notes, and borrowers on those notes.

The firm operates a three-product platform consisting of Setup Servicing (initial loan onboarding), Servicing Solutions (ongoing portfolio management), and Transfer Servicing (loan migration from other servicers). These are supported by integrated capabilities including monthly payment processing, courtesy calls, late notices, escrow and construction draw management, 24/7 lender account monitoring, monthly disbursement reports, and year-end 1098/1099 tax documentation. Technology is delivered through dedicated lender and borrower online portals (LendersViewCentral and The Mortgage Office) plus an online payment portal, with the underlying infrastructure described as standard loan servicing software rather than proprietary AI systems.

The business model is managed services: Lake City Servicing earns recurring servicing fees charged to lenders for ongoing administration of their loan portfolios, billed monthly on a quote-based pricing structure. Go-to-market is inside sales-driven via a toll-free phone line and website quote requests, with no disclosed public pricing, no disclosed revenue, no funding history, and US-only operations. Customer testimonials on the website indicate active client relationships but no enterprise logos or named institutional customers are disclosed.

Name

Lake City Servicing

Legal name

Lake City Servicing (Secured Investment Corp)

Website

https://lakecityservicing.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Lake City Servicing is a US-based private money loan servicer (division of Secured Investment Corp) that provides payment processing, escrow/draw management, and tax reporting to private lenders and borrowers on non-owner-occupied real estate loans.

Ownership category

akta.pro rank

Product category

Real Estate Loan Servicing

NAICS

Other Activities Related to Real Estate (531390)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Master Servicing (Private-Label/MBS Oversight & Investor Reporting) (FSALAEAE)

akta.pro secondary industry

Commercial Mortgage Servicing & Asset Management (Master/Special) (FSALADAJ)

Keywords

• Private money loan servicing
• Real estate loan servicing
• Escrow draw management
• Note investor servicing
• Borrower payment processing

Headquarters

HQ city

Coeur D'alene

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Loan Servicing Fees: Lake City Servicing earns fees for managing real estate loans on behalf of investors. Services include payment collection, escrow management, borrower communication, monthly processing, and reporting. Revenue is generated through servicing fees charged to lenders (investors) for the ongoing administration of their loan portfolios.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Lake City Servicing provides third-party loan administration for private money lenders holding notes on non-owner-occupied residential and commercial real estate. Its core services include initial loan setup and onboarding (Setup Servicing), ongoing loan administration (Servicing Solutions), and migration of existing loans from other servicers (Transfer Servicing), covering payment collection, escrow/draw management, borrower communication, monthly statements, lender disbursements, and year-end 1098/1099 tax reporting.

Product overview

Lake City Servicing is a unified loan servicing platform offering a comprehensive suite of services for private money lenders. The platform consists of three core products: Setup Servicing (initial loan onboarding), Servicing Solutions (ongoing loan management), and Transfer Servicing (loan migration). These core offerings are supported by integrated features including Monthly Processing (payment collection, borrower communication, disbursements), Escrow/Draw Management (construction and project funding coordination), and Accurate Reporting (account monitoring and tax reporting). The company also offers REOs & NPLs investment opportunities, serving as a subsidiary of Secured Investment Corp (NMLS #1760709).

Differentiator

Problem solved

Functional benefit

Products and services

• Servicing Solutions Comprehensive ongoing loan servicing for private money lenders, including monthly payment processing, borrower communication, payment posting, and lender disbursement. Designed for investors holding notes on non-owner-occupied residential and commercial real estate.
• Setup Servicing Initial loan setup and onboarding service for new loans being placed into Lake City Servicing's servicing platform. Targeted at private money lenders originating or acquiring new notes.
• Transfer Servicing Service for transferring existing loans from another servicer onto Lake City Servicing's platform, enabling lenders to consolidate portfolio administration.
• REOs & NPLs Investment offerings in Real Estate Owned (REO) properties and Non-Performing Loans (NPLs) made available through Secured Investment Corp, leveraging Lake City Servicing's real estate servicing platform.

Quantifiable outcome

• Hassle-free investor note management from single note to multiple loans in one streamlined system

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Secured Investment CorpcoreOthersLake City Servicing is described as 'a Secured Investment Corp company.' Secured Investment Corp is the parent organization, with Lake City Servicing operating as a specialized division focused on private money loan servicing. NMLS #1760709 is listed under Secured Investment Corp.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Dovenmuehle Mortgage: Established subservicer for residential and commercial mortgage portfolios with default management capabilities; competes for the same investor clients but at much greater scale and broader product scope.
• Rushmore Loan Management Services: Multi-channel residential and commercial subservicer with custom investor reporting; competes for private-label servicing mandates similar to those Lake City Servicing targets, with a broader portfolio base.
• Specialized Loan Servicing (Computershare): Large subservicer acquired by Computershare that handles performing and non-performing residential loans with full investor reporting — a broader incumbent in the servicing category that overlaps with Lake City Servicing's investor reporting and portfolio administration capabilities.

Direct peers

• FCI Lender Services: Specialty third-party loan servicer for private money and conventional lenders, offering payment processing, escrow, and investor reporting on a similar fee-for-service model. Most directly comparable private-money servicing peer to Lake City Servicing.
• Sentry Mortgage / Sentry Servicing: Loan origination and servicing platform covering conventional and non-conforming portfolios, providing investor reporting and escrow management comparable to Lake City Servicing's offerings.
• Prestige Loan Servicing: Third-party loan servicer for private investors and small lenders, providing payment processing, escrow management, and 1098/1099 reporting — directly comparable services and customer base to Lake City Servicing.
• NoteServicingHub: Niche note servicing firm focused on private/hard money lenders with payment collection, escrow, and borrower communication workflows that mirror Lake City Servicing's core offering.
• Springboard Loan Servicing: Specialty loan servicer for private money and hard money lenders with portal-based lender/borrower access and tax document preparation — a direct functional peer.

Peers

• Mr. Cooper (Nationstar Mortgage):

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/lake-city-servicing

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lake City Servicing