Loan Servicing

A major advantage offered by Bernard Financial Group (“BFG”) is our in-house loan servicing. Bernard Financial Servicing Group (“BFSG”) is a (primary, full cashiering) commercial mortgage loan asset managing and servicing platform for Life Insurance Company, CMBS, and debt fund loans. BFSG was founded in 1993 to provide BFG’s clients with access to local, knowledgeable, hands-on employees, personally familiar with a given client’s real assets and loans. Clients can call BFSG’s Southfield, MI office and ask for their asset’s servicing manager by name rather than dealing with prompts and 1-800 numbers. If the situation warrants, clients can even schedule appointments or face-to-face meetings with real life BFSG servicing personnel.

Bernard Financial Group has separate personnel for CMBS primary servicing. Bernard Financial Servicing Group is a CREFC compliant Primary Servicer for CMBS loans and carries the appropriate levels of Fidelity Bond and Error and Omissions insurance coverage. BFSG currently services approximately $4,400,000,000 in loans and uses a separate platform for CMBS servicing.