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Independent Consumer Resource

Everything You Need to Know About BSI Financial

Is your loan serviced by BSI Financial? Get honest answers on payments, complaints, your legal rights — and whether refinancing to a better servicer makes sense for you.

$50B+
Mortgages Serviced
NMLS #38078
License Number
Since 1986
In Operation
1.3★
Avg. Consumer Rating
Last updated: September 10, 2026
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Sources: CFPB, BBB, NMLS
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FTC Compliant Disclosure
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Approved & Regulated By:
Fannie Mae Freddie Mac FHA VA USDA Ginnie Mae CFPB Consent Order 2019 ⚠

What Is BSI Financial Services?

BSI Financial Services is the operating name for Servis One, Inc., a residential mortgage servicer headquartered in Irving, Texas. Founded in 1986, BSI manages approximately $50 billion in mortgages on behalf of lenders and investors under NMLS ID #38078.

BSI does not originate mortgages directly. Instead, when a lender sells your loan on the secondary market, BSI is often assigned to collect your monthly payments, manage your escrow account for taxes and insurance, and handle borrower communications. This means most borrowers didn't choose BSI — they inherited BSI when their loan changed hands.

BSI is approved by Fannie Mae, Freddie Mac, FHA, VA, USDA, and Ginnie Mae, and is rated by S&P, Fitch, KBRA, and DBRS. Despite these regulatory credentials, BSI has faced significant consumer complaints — including a 2019 CFPB consent order — and its consumer ratings across public review platforms average around 1.3 stars out of 5.

BSI Financial's Core Services

Mortgage Loan Servicing — Payment collection, escrow management, tax and insurance handling for residential loans.
Special Servicing — Loss mitigation, loan modifications, forbearance, and foreclosure handling for delinquent loans.
Loan Quality Control & Due Diligence — Compliance audits, loan review, and REO asset management for institutional investors.

What Customers Say About BSI Financial

Aggregated consumer ratings and common themes from public review platforms. Ratings shown are current averages, not fabricated.

1.3/5
★★☆☆☆
Average consumer rating across major review platforms
Better Business Bureau1.1★
ConsumerAffairs1.4★
Trustpilot1.5★
Google Reviews1.2★
Ratings sourced from public review platforms as of 2026. Individual experiences vary. See our full review analysis for methodology and platform-specific breakdowns.

Most Common Complaint Themes

Escrow Account Errors

Many reviewers report incorrect property tax amounts, insurance premiums paid to wrong companies, and shortages triggering payment increases without proper notice.

Payment Processing Delays

Mailed checks reportedly taking weeks to post to accounts, causing late fees. Online payments sometimes fail to apply on the intended date.

Customer Service Issues

Long hold times, dropped calls, and inconsistent information from representatives are recurring themes. Written correspondence (QWRs) is often reported as the most reliable path to resolution.

Read Full Reviews Analysis →

Complaints & Regulatory History

Formal enforcement actions and the most common consumer complaint categories.

2019

CFPB Consent Order

In May 2019, the Consumer Financial Protection Bureau settled with BSI Financial (Servis One, Inc.) for violations of RESPA and TILA during loan servicing transfers.

  • $200,000 civil money penalty
  • $36,500+ in borrower restitution
  • Failure to properly handle loan modifications
  • Inadequate document management systems
  • Data integrity failures during loan boarding
Read the Full Analysis →

Common Complaint Categories

1

Escrow & Tax Errors

Incorrect property tax disbursements, insurance paid to wrong providers, unexplained escrow shortages.

2

Payment Processing

Delayed check posting, misapplied payments, unauthorized ACH debits, late fees from processing errors.

3

Customer Service

Long hold times, unresponsive representatives, inconsistent answers across support channels.

4

Loss Mitigation

Forbearance and modification requests reportedly delayed, denied without clear explanation, or mishandled.

File a Complaint →

Did Your Mortgage Get Transferred to BSI Financial?

It happens to millions of borrowers each year. Under federal law, you have important rights when your loan servicer changes. Here's everything you need to know — and what to do next.

Read the Complete Guide

How BSI Financial Compares to Other Mortgage Servicers

If you refinance away from BSI, your loan will likely be assigned to a different servicer. Here's how BSI stacks up against the largest U.S. mortgage servicers by consumer rating.

Servicer Avg Rating Best For Get Rates
BSI Financial
Current servicer
1.3★ Payment processing only — not consumer-facing You're here
Rocket Mortgage
Detroit, MI
4.5★ Digital-first experience, fast approvals Get Rates →
Mr. Cooper
Coppell, TX
3.8★ Large servicer, established support Get Rates →
PennyMac
Westlake Village, CA
3.6★ Government-backed loan specialist Get Rates →
Chase Home Lending
New York, NY
4.1★ Existing Chase customers, jumbo loans Get Rates →
Ratings aggregated from public review platforms (BBB, ConsumerAffairs, Trustpilot). Not an endorsement — this is comparative information only. Your final servicer is assigned by the lender, not chosen by you. Refinance rate quotes provided through our lending partner network. See our disclosure.

Frequently Asked Questions about BSI Financial

Common questions from homeowners whose loans are serviced by BSI Financial Services.

BSI Financial Services is the operating name for Servis One, Inc. (NMLS #38078), a residential mortgage servicer headquartered in Irving, Texas. Founded in 1986, BSI manages mortgage payments, escrow accounts, and borrower communications on behalf of lenders and investors. It currently services approximately $50 billion in mortgages and is approved by Fannie Mae, Freddie Mac, FHA, VA, and USDA. BSI does not originate mortgages directly.

Mortgage loans are routinely bought and sold on the secondary market. When a lender sells your loan to an investor, the investor may assign a servicer — like BSI Financial — to collect payments and manage your account. This is legal and common; it has nothing to do with your payment history. Under RESPA, your original lender must give you 15 days' advance notice, and BSI must send you a welcome notice within 15 days of taking over. Learn more about your rights →

BSI Financial accepts payments through several methods: online via the MyLoanWeb borrower portal (bsifinancial.com), by phone at 800-327-7861, by mail to P.O. Box 679002, Dallas, TX 75267-9002, or by setting up automatic ACH payments. BSI does not accept cash under any circumstances. See the full payment guide →

BSI Financial customer care is available toll-free at 800-327-7861. Fax: 814-217-1366. Mailing: BSI Financial Services, P.O. Box 517, Titusville, PA 16354-0517. Spanish-speaking representatives are available, and translation services can be arranged for other languages. View all contact options →

Yes — you are not locked in to BSI Financial as your servicer. When you refinance your mortgage with any lender, your new lender assigns a servicer of their choosing, which may or may not be BSI. Many borrowers refinance specifically to move to a servicer with better customer service ratings. Use our refinance savings calculator to see if it makes financial sense for your situation. Explore refinance options →

Yes, BSI Financial is a licensed, federally regulated mortgage servicer operating under NMLS ID 38078. It is approved by Fannie Mae, Freddie Mac, FHA, VA, USDA, and Ginnie Mae, and rated by S&P, Fitch, KBRA, and DBRS. However, BSI received a CFPB consent order in 2019 and consistently receives poor consumer ratings across public review platforms.

In May 2019, the CFPB settled with BSI Financial (Servis One, Inc.) for violations of RESPA and TILA. The key issues were: (1) improperly handling loan modification agreements during servicing transfers, (2) maintaining an inadequate document management system, and (3) failing to ensure data integrity during loan boarding. BSI paid a $200,000 civil money penalty and at least $36,500 in borrower restitution. Read the full complaint analysis →

Based on public complaints filed with the CFPB, BBB, and consumer review platforms, the most frequent issues are: (1) escrow account errors — incorrect tax amounts, insurance paid to wrong companies, (2) payment processing delays — mailed checks taking weeks to post, (3) poor customer service — dropped calls, inconsistent information, rude representatives, and (4) unauthorized account charges. BSI averages approximately 1.3 stars out of 5 across major review platforms. Read customer reviews →

The most effective method is filing with the CFPB at consumerfinance.gov/complaint — BSI is legally required to respond within 60 days. You can also file with the BBB at bbb.org, or send a Qualified Written Request (QWR) to: BSI Financial Services, Attn: QWR, P.O. Box 517, Titusville, PA 16354. Step-by-step complaint guide →

BSI Financial's borrower portal is called MyLoanWeb, accessible at bsifinancial.com. First-time users need their loan number and the last 4 digits of their Social Security Number to register. If you have trouble logging in, call 800-327-7861 or use the "Forgot Password" link on the login page. Full login troubleshooting guide →

BSI Financial Services — States Where They Operate

BSI Financial Services (Servis One, Inc., NMLS #38078) is licensed to service residential mortgage loans in all 50 U.S. states and Washington D.C. If your loan was transferred to BSI Financial, your borrower rights under RESPA apply regardless of which state you live in.

AL
AK
AZ
AR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL
IN
IA
KS
KY
LA
ME
MD
MA
MI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
BSI Financial office locations (TX, PA, IL) Licensed servicer — all other states
BSI Financial USA editorial research team reviewing mortgage servicer data
Independent Research Team
About Our Editorial Team

Expert Analysis You Can Trust

BSI Financial USA's editorial team consists of researchers with backgrounds in mortgage servicing, consumer finance law, and regulatory compliance. Every article on this site is reviewed for accuracy, updated regularly, and sourced from primary documents including CFPB enforcement records, NMLS filings, BBB complaint data, and direct borrower accounts.

No Score Inflation

We report consumer ratings exactly as they appear across public platforms — never inflated to protect advertisers.

Primary Source Verification

All regulatory claims are sourced from official government documents — CFPB, NMLS, court filings, and BBB records.

FTC 16 CFR Part 255 Compliant

All affiliate and commercial relationships are fully disclosed. Editorial positions are never influenced by compensation.

Regularly Updated

Content is reviewed quarterly and updated whenever significant regulatory or consumer-facing changes occur at BSI Financial.

Our Editorial Standards