Southern Loan Servicing

04/05/2026

From seersucker suits to those iconic Easter bonnets, New Orleans knows how to do Easter Sunday right. 🌸

The team at Southern Loan Servicing wishes you a wonderful day of renewal and celebration with your loved ones. We’re proud to serve this vibrant community every day of the year.

04/03/2026

The clock is ticking! ⏰ As tax deadlines approach, make sure your Subject-To and Wrap deals aren't creating a liability.

Remember: The IRS cares about who is legally paying and receiving interest.

Check your servicing: We issue tax forms only for the agreements we manage. If you have a Subject-To deal not serviced by us, you are responsible for issuing the 1099-INT to the underlying lender.

Don't leave your compliance to chance. Consult a tax professional today and ensure your reporting is as solid as your investments!

03/30/2026

Don’t let your investments turn into a nightmare. 😬 By choosing Southern Loan Servicing, you gain a dedicated partner who prioritizes consumer protection, regulatory compliance and transparency. With our experience, you can be confident that your home financing is in the best hands. 🙌

Protect your next owner-financed deal with the experts at southernloanservicing.com.

03/26/2026

Whether you’re a seasoned investor or just starting, our Creative Financing Playbook will help you navigate alternative financing strategies to close more deals, maximize cash flow, and scale your portfolio without relying on traditional bank loans. 👍

Chapters 1-6 are live. 📖 Find them in our education center: southernloanservicing.com/education.

03/25/2026

Attention Investors! 📢 Just because you made the payments doesn't mean you can use the seller's 1098.

Filing a Form 1098 that has someone else’s name and Tax ID is a major red flag for the IRS. To deduct interest, you must be legally obligated on the debt.

Using the wrong form can lead to:
❌ Disallowed deductions
❌ Civil penalties
❌ IRS Audit flags

The solution? Proper servicing and professional tax advice. Ensure your Subject-To and Wrap agreements are documented correctly from Day 1. Visit southernloanservicing.com.

03/23/2026

How does owner financing differ from a rent-to-own agreement? 🏠 Our experts break it down in this video.

If owner financing seems like a fit for you and your situation, reach out to us at southernloanservicing.com.

03/20/2026

Before onboarding any loan, we require completed title work from an attorney or licensed title company to confirm existing liens. This ensures payments are made to the correct party and protects buyers from unknowingly paying for properties encumbered by prior debts. 💸

Choosing the right loan servicing company can make the difference between a seamless, secure homeownership experience and a financial nightmare. Visit southernloanservicing.com to work with us.

03/19/2026

"If I didn't receive the cash in my hand, do I still have to report the income?"

The short answer: Yes. 💸

IRS reporting is based on who is legally earning interest. If you are the lender on a wrap note, you are earning interest income from your buyer. Even if Southern Loan Servicing forwards that payment directly to your underlying mortgage, the IRS sees that as two separate events:

You earned interest (1099-INT).
You paid interest on your own loan (1098).

Don't let "funky" cash flow lead to filing errors! Contact us with any questions: southernloanservicing.com/contact.

03/17/2026

St. Patrick’s Day in New Orleans is where green meets red! 🍀 We’re one of the only cities that celebrate the Irish-Italian heritage side by side. It’s a season of unique traditions you won't find anywhere else:

The Catch: Snagging flying cabbages, carrots and potatoes for a street-side Irish stew. 🥬🥕
The Swaps: Trading a kiss for a silk rose or a "lucky" fava bean from tuxedo-clad marchers. 🌹
The Spirit: Celebrating the "It’s about time we get together!" motto that started the joint parades decades ago.

From the Irish Channel to the streets of Metairie, it’s all about honoring the families and history that built our community.

📅 See the full parade schedule and learn more here: stpatricksdayneworleans.com.

03/12/2026

Unlike many competitors who provide limited customer service through call centers, Southern Loan Servicing offers personalized, expert-driven loan management and 24/7 online self-service to check payment status and account balances. 👍

Learn more about our services at southernloanservicing.com.

03/09/2026

Ever feel like tax reporting for Subject-To or Wraps is a puzzle? 🧩 It’s simpler than it looks when you follow the "interest streams."

In a typical wrap transaction, there are TWO distinct loan relationships:
1️⃣ The Underlying Mortgage (Original Seller & Lender)
2️⃣ The Wrap Loan (You & the End Buyer)

The IRS tracks these separately. Even if the money goes straight from the buyer to the underlying lender, the reporting follows the legal agreements—not the bank statement.

SLS provides reporting for the agreements we service. If we only service the wrap, we report that stream. If we service both, we provide the full picture.

Contact us with any questions: southernloanservicing.com/contact.

03/06/2026

Owner financing makes it easier for people who may not qualify for regular mortgages become homeowners. It’s crucial to understand the details if you’re considering this route because the rules often differ from other types of financing. 🤔

Check out this article to learn more. 👇

Learn more about our services and how they can help with your owner-financed deal at southernloanservicing.com.

With owner financing, home sellers help the buyers with an alternative funding plan in lieu of a mortgage. Find out if you would benefit from owner financing.