Lakeview Loan Servicing LLC: As student loan borrowers navigate repayment, outstanding communication with their assigned servicer shapes outcomes. Lakeview Loan Servicing LLC oversees millions of accounts through user-friendly digital tools and customer service representatives.
This comprehensive guide profiles Lakeview’s operations and borrower resources optimizing the servicing experience. Defining core functions equips proactively managing balances affordably according to individual situations. Knowledge fuels long-term financial wellness.
Ready to explore maximizing your experience? This journey of understanding starts here.
About Lakeview Loan Servicing
Founded in 2012 and headquartered in Peoria, Illinois, Lakeview services over $50 billion in loans including:
– Federal and private student loans acquired through portfolio transfers.
– First mortgages, home equity and reverse mortgage products as well.
Specializing in customer care and technological innovations streamlines repayment navigation.
Loan Servicing Functions
As the intermediary between borrowers and loan holders, Lakeview provides:
– Online account access to view balances, activities and personal details.
– Paperless billing, autopay enrollment and payment processing options.
– Enrollment and deferment verification supporting in-school benefits.
– Hardship forbearance applications adjusting obligations during financial difficulties.
Customer Service Resources
Additional assistance includes:
– Live phone representatives and secure messaging centers operating extended hours.
– Multilingual staff accommodating diverse needs through various contact methods.
– Comprehensive FAQs database addressing common inquiries without calling.
– Online guides and tutorials simplifying repayment plan eligibility assessments.
Proactive outreach optimizes available options seamlessly.
Borrower Best Practices
To maximize the relationship:
– Register online accounts receiving account alerts and digital statements.
– Submit required documentation promptly avoiding past-due fees or defaults.
– Assess alternative repayment options if earnings fluctuate post-graduation.
– Request technical help from Lakeview representatives understanding benefits.
Your journey sustaining long-term financial wellness continues – let Lakeview guide the way!