Grandbridge Real Estate Capital and loan servicing

You can register for CRESI online in about 10 minutes.

To get started, you’ll need to have your Grandbridge loan number, ZIP code where your monthly statement is mailed, last four (4) digits of your borrower entity’s tax ID number, and the borrower’s name on the loan.

To register online, follow the steps in the applicable document below.

• Registration for Borrowers (PDF)  – for borrowers, property managers, accountants, or affiliates thereof
  
• Registration for Non-Borrowers (PDF)  – for investors, lenders, or affiliates thereof
  
  

You can view, download, and print up-to-the-minute loan information. CRESI provides 24/7 access for you to view:

• Loan summary, loan terms, balances, payment information, escrows & reserves, transaction history, and Grandbridge contacts.
• Collateral information, including tax and operating statements.
• Payment information, including loan payments, payment terms, remittance instructions, and billing statements.
• An amortization schedule and loan history reports.

If you're unable to remember your CRESI username, please call customer service at 877-262-6063 or email servicing@grandbridge.com for assistance.

If you're unable to remember your password, you can reset it online. From the CRESI login page, select Forgot your username or password? and follow the on-screen instructions.

If you're still unable to access your account, call customer service at 877-262-6063 or email servicing@grandbridge.com for assistance.

If your loans are showing as pending in CRESI, please call customer service at 877-262-6063 or email servicing@grandbridge.com and let us know you've added multiple loans to your account.

A customer service professional will approve the addition of multiple loans to your account, ensuring you have complete access to all your loans in CRESI.

No. We don’t charge a fee to use or access CRESI.

If you have multiple loans in CRESI, simply select the loan number in the My Loans display or type the loan number or property name in the search box. To change loans, simply select the loan number in the drop-down menu on the Loan Summary page.

Yes, you can view your borrower billing statement in CRESI. In the loan-level view, navigate to the Documents tab.

To obtain a payoff statement, please contact customer service by phone at 877-262-6063 or by email at servicing@grandbridge.com.

Be prepared to provide your loan number, property name, and desired date of payoff as detailed in your loan documents. Our asset management team will process your request and provide a payoff statement.

Typically, a change in property management companies requires your lender’s consent prior to the start date of the new firm.

For more information regarding the specific process for your loan, please contact your asset management representative, or contact customer service at 877-262-6063 or by email at servicing@grandbridge.com. We'll supply any applicable forms you'll need and provide a list of information required to start the process.

Note: An expense deposit may be required if legal counsel must be engaged as part of the process.

You can submit required financial reporting information, as outlined in your loan documents, to financials@grandbridge.com. Please include your Grandbridge loan number and the property name in your email. In the subject line, include a brief description of the information you're emailing.

We offer a variety of convenient payment options. Choose the method that’s best for you:

• Automatic payments – Have your monthly payment automatically drafted from your checking or savings account. Complete and return the Automatic Payment (ACH) Authorization form (PDF) to set up automatic payments.
  
• Wire – Wiring instructions can be found on your Grandbridge billing statement or in CRESI under Payment then Customer Remittance Instructions.
• Mail – Please make your checks payable to Grandbridge Real Estate Capital LLC and send your payment through one of the following options.

UPS or FedEx
Grandbridge Real Estate Capital LLC
Attention: 890817
5130 Parkway Plaza Blvd.
Charlotte, NC 28217-1964

USPS (USPS and USPS Priority received after 7:30 am ET processed the next business day)
Grandbridge Real Estate Capital LLC
Lockbox 890817
Charlotte, NC 28289-0817

If you need additional assistance, please call customer service at 877-262-6063.

Automatic payments are a convenient way to make your monthly loan payments. To sign up for this free service:

1. Download and complete the Automatic Payment (ACH) Authorization form (PDF).
   
2. Return the completed form and a copy of your voided check. Choose the delivery method that's best for you:

Email 

servicing@grandbridge.com

Mail
Grandbridge Real Estate Capital LLC
Attention: Servicing ACH Processing
214 North Tryon Street, Suite 2000
Charlotte, NC 28202

After we’ve received your completed Automatic Payment (ACH) Authorization form (PDF) and voided check, automatic payments typically begin on your next payment due date.

If you wish to change the bank account for your automatic payments, please provide your new bank account information as soon as possible to avoid missed payments. Download and complete the Automatic Payment (ACH) Authorization form (PDF). Return the completed form and a copy of your voided check. Choose the delivery method that's best for you:

Email

servicing@grandbridge.com

Mail

Grandbridge Real Estate Capital LLC
Attention: Servicing ACH Processing
214 North Tryon Street, Suite 2000
Charlotte, NC 28202

Please refer to your loan documents for guidance on the frequency of draw requests.

For Fannie Mae or Freddie Mac originated loans, the Loan Agreement or Replacement Reserve Agreement (if applicable) will set forth the terms for disbursements.

Please refer to your loan documents for guidance on the documentation required to release funds.

For Fannie Mae or Freddie Mac originated loans, the Loan Agreement or Replacement Reserve Agreement (if applicable) will set forth the required documentation.

We can provide forms to assist you with document preparation. For assistance, please contact your asset management representative, or contact customer service at 877-262-6063 or by email at servicing@grandbridge.com.

Lenders typically require lien wavers from each contractor and material supplier providing labor or materials for capital improvements as a means to confirm the vendor has been paid in full and that there are no outstanding claims against the property.

Note: In the event your management company has already changed, please contact your asset management representative immediately to determine the steps necessary to seek the lender's approval and ensure all borrower contact information is up to date.

Depending on the amount of the project, a lien waiver may or may not be required. For assistance evaluating the necessity of a lien waiver request, please contact your asset management representative, or contact customer service at 877-262-6063 or by email at servicing@grandbridge.com.

Our tax and insurance professionals can be reached by phone, email, or mail.

Choose the method that's best for you:

Phone

877-262-6063

Email
Tax department: taxes@grandbridge.com
Insurance department: insurance@grandbridge.com

Mail
Grandbridge Real Estate Capital LLC
214 North Tryon Street, Suite 2000
Charlotte, NC 28202

Your tax and escrow balances can be found on your monthly billing statement. They’re also available in the Escrow & Reserves section in CRESI.

Many jurisdictions mail tax bills directly to the owner of record, per the municipalities’ tax records.

If you didn't receive a tax bill by mail and would like to request a copy, please email the tax department at taxes@grandbridge.com.

If your loan and policy are escrowed for insurance, please forward insurance invoices for payment to our insurance department at insurance@grandbridge.com.

To stop escrowing requires approval from your lender because the requirement for escrows is typically contemplated prior to the loan closing and is memorialized in the loan documents executed at closing.

If you'd like to stop escrowing, please contact us for instructions on submitting a formal request to your lender for this change.

1. Download and complete a new Automatic Payment (ACH) Authorization form (PDF).
   
2. Return the completed form and a copy of your voided check. Choose the delivery method that's best for you:

Email

servicing@grandbridge.com

Mail
Grandbridge Real Estate Capital LLC
Attention: Servicing ACH Processing
214 North Tryon Street, Suite 2000
Charlotte, NC 28202

Confirmation of escrowed tax and insurance bill disbursements can be found in CRESI.

For property taxes, an increasing number of tax jurisdictions are reporting tax amounts to mortgage servicers in an electronic-only format. As a result, we may not always be able to acquire a stamped receipt for proof of payment but may be able to confirm receipt of payment through your jurisdiction.

Property taxes are typically paid between the tax due date and 30 days prior to the tax due date.

Because property taxes are paid through a third-party tax service, your tax analyst may not be able to provide you with an exact date of payment. However, you can access the transaction information reflecting the date the property tax funds were sent in CRESI.

For us to provide you with the best possible service, please contact us as soon as the appeal is filed and provide your appeal documentation.

Except for a few jurisdictions where full payments are required, and to avoid risking the opportunity for appeal, Grandbridge won't be responsible for the appeal process. Failure to promptly notify Grandbridge of an appeal may result in our payment of the current tax bill. Once an appeal has been decisioned, please provide to Grandbridge the updated or amended tax bills. Additionally, you may be requested to provide periodic updates on the status of the appeal.

Yes. If you'd like to pre-pay taxes for the following year, please submit a written request to your tax analyst. Pre-payment requests must be submitted annually.

Note: Because of the high volume of tax payments due at year-end, we can't guarantee payment by Dec. 31 without sufficient advanced notice.

We can't lower escrow constants based on decreased assessments alone. In addition to assessed values, tax millage rates can also change.

To have your escrow constants lowered, please provide us with either a new bill or documentation from the jurisdiction indicating a new, lower dollar amount due for subsequent payments.

If you believe there are excess funds in your account, please contact customer service at 877-262-6063 or by email at servicing@grandbridge.com.

We must receive a paid receipt from your agent documenting that annual premiums for all policies have been paid in full. Surplus escrow funds can't be released if you have any outstanding holds on your account, such as failure to provide financial statements, no current rent roll on file, unpaid late charges, or non-compliant insurance coverages. Any outstanding holds should be resolved prior to initiating the refund process.

If your insurance agent has changed, please notify insurance@grandbridge.com immediately to ensure all insurance coverage requirements of your lender are met when coverage is written with the new agent.

We send renewal reminder letters to all borrowers, with a copy to the agent, at approximately 60 and 30 days prior to the expiration date of your policy. These letters are sent as a reminder that your insurance is due to expire soon and we haven't received proof of updated coverage as required by the lender.

Generally, insurance certificates and ACORDs issued by insurance agents and carriers are for informational purposes only and can't be used to guarantee or enforce the coverages or provisions of the actual policy. 

Providing a complete copy of your insurance policy protects you and your lender. Please forward the complete policy to insurance@grandbridge.com and contact your insurance analyst for additional details.

We analyze your tax and insurance escrow accounts at least once every 12 months to ensure there are sufficient funds being collected to make future scheduled payments.

Your analysis includes a 5% anticipated annual escrow increase. In the event of increases where shortages occur, more than one analysis may be performed in a 12-month period.

Your Annual Escrow Analysis Statement shows what's projected to be paid out of your escrow account over the next 12 months and ensures your property taxes and related insurance premiums are current. We recommend carefully reviewing your statement for accuracy and notifying us of any discrepancies.

If your property has sustained a loss, please notify your asset manager with details.

If you're unable to contact your asset manager, please notify customer service at 877-262-6063 or by email at servicing@grandbridge.com.

Please forward all billings and correspondence from the taxing authority or tax department to us at servicing@grandbridge.com.

If your city or county issues a revised or finalized billing, supplemental billing, special assessment, or any amount due outside of the normal tax cycle, we'll likely not receive a copy. We can't be held responsible for penalties accrued as the result of a borrower failing to forward additional or revised billings.