FCI Lender Services alternative for Texas notes
A factual, side-by-side look at how Moat and FCI Lender Services compare for Texas private notes — geographic focus, fees, and §51.002 default work.
Moat Note Servicing is a Texas-only alternative to FCI Lender Services. Moat services only notes secured by Texas property, publishes a flat fee schedule ($150 setup, $35 non-escrowed or $40 escrowed monthly), and runs default and non-judicial foreclosure work under Tex. Property Code §51.002. FCI Lender Services is headquartered in Anaheim Hills, California (NMLS #4920) and describes loan servicing and foreclosure services on its official site. For a portfolio of Texas-secured notes, the question worth weighing is whether you want a servicer concentrated on one state's statutes. Request FCI's current terms in writing and weigh them against the facts below. For how to choose among Texas servicers generally, see the Texas servicer comparison hub.
SIDE BY SIDE
Moat and FCI compared on what Texas lenders ask about
The rows that matter most when a Texas private lender is choosing a servicer.
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| Topic | Moat Note Servicing | FCI Lender Services |
|---|---|---|
| Headquarters | San Antonio, Texas. | Anaheim Hills, California. |
| Geographic focus | Texas only. Moat services only notes secured by Texas property. | Refer to their published materials / NMLS Consumer Access for the current state-license list. |
| Licensing | Licensed Texas mortgage servicer and bonded. NMLS 1419346. | NMLS #4920. Refer to their published materials / NMLS Consumer Access for the current license detail. |
| Service types | Payment posting, escrow administration, statements, IRS 1098/1099 reporting, and default and non-judicial foreclosure servicing under Tex. Property Code §51.002. | Loan servicing and foreclosure services, as described on their official site. |
| Texas Property Code §51.002 default work | Day-to-day practice. Notice work, trustee coordination, and post-sale reconciliation in Texas counties. | Foreclosure services are described on their official site. Refer to their published materials. |
| Setup fee | $150 one-time per boarded loan. | Not publicly published. Refer to their published materials. |
| Monthly servicing fee | $35 non-escrowed loans / $40 escrowed loans (P&I + T/I/HOA). | Not publicly published. Refer to their published materials. |
| Late-fee split | 50 / 50 (servicer / lender). | Not publicly published. Refer to their published materials. |
| Wraparound / subject-to | Not routinely serviced. Case-by-case under TX SB 43 / Tex. Finance Code Ch. 159. | Refer to their published materials. |
| Borrower payment portal | Live borrower portal with online payments and statements, 24/7. | Refer to their published materials. |
| Lender portal | Live lender portal with on-demand reporting, 24/7. | Refer to their published materials. |
FCI Lender Services does not publish a fee schedule on its public site, so we point readers to FCI directly for current pricing. FCI facts above (Anaheim Hills, California headquarters, NMLS #4920, and the loan-servicing and foreclosure service types) come from FCI's own official site; for the current state-license list, refer to their published materials or NMLS Consumer Access. The Moat figures are the current published rate card and match the pricing on /services.
WHO THIS IS FOR
You are a Texas private lender or investor currently using FCI Lender Services (or considering it) and want a side-by-side look at how Moat would handle the same portfolio. This page is factual, not promotional. Where FCI and Moat genuinely differ, you will see it. Where they overlap, we say so.
This is an editorial comparison page by Moat Note Servicing. It cites only neutral, currently-public information about FCI Lender Services (its own published materials and NMLS records). It is not affiliated with or endorsed by FCI. If you spot a fact that is out of date, email customersupport@moatnoteservicing.com and we will correct it.
Where the differences actually matter
Texas non-judicial foreclosure
Non-judicial foreclosure under Tex. Property Code §51.002 rewards precise notice work. A Notice of Sale that misses the 21-day mark, that goes to a wrong address, or that is posted outside the courthouse area designated by the commissioners court can be challenged in court. Moat does Texas notice work day in and day out, and default and non-judicial foreclosure servicing on every file runs under §51.002. If your portfolio is large enough that even a single set-aside motion would be expensive, a Texas-focused servicer is worth weighing. For the full mechanics, see the Texas foreclosure timeline page.
Wraps and subject-to under SB 43
Texas Senate Bill 43 (87th Legislature, 2021), effective January 1, 2022 and codified at Tex. Finance Code Chapter 159, imposes specific disclosure and RMLO licensing requirements on residential wrap-mortgage originations. Moat does not routinely service wraparound or subject-to notes (case-by-case under SB 43 / Tex. Finance Code Ch. 159). If your portfolio includes wraps, confirm directly with any servicer that it handles them.
Response time and access
A real person answers the phone Monday to Friday, 8:30 AM to 5:00 PM CST, with no offshore call center. Service is offered in English and Spanish. The borrower and lender portals are live 24/7 for online payments and statements. For a focused Texas book, that account-level continuity is often the axis that matters most.
Fee transparency
Moat publishes a flat rate card: $150 setup per loan, $35 / $40 monthly per loan, 50/50 late-fee split, $50 optional expedite onboarding per loan for a 48-hour turnaround, $150 research/correction fee when intake rework is required, third-party costs at cost. For large or institutional portfolios, Moat negotiates volume terms quoted in writing per portfolio. FCI Lender Services does not publish a fee schedule on its public site; refer to their published materials and request a quote specific to your portfolio. If you want to model fees on a spreadsheet up front, the published Moat rate card makes that straightforward.
FREQUENTLY ASKED
FCI alternative, answered
Switching from FCI to Moat
The full transfer process is on the switching servicers page. Moat-side boarding typically takes 5–10 business days from form submission to active servicing; $50 expedite for a 48-hour turnaround. No transfer fee from us.
Want a like-for-like quote?
Send your current FCI rate card and a sample loan or two. We will respond with a side-by-side number in writing.