Monday, December 12, 2011

Perfect Loan Signings

Loan packages can be 75-200 pages, and can overwhelm your borrowers. I like to place the HUD, Truth in Lending and Deed in the front of the loan package, so your borrower can easily confirm that the terms of their loan are correct. The borrowers can easily see their rate, if escrow and taxes are included, and if the loan is adjustable. I advise that the remaining docs will support the facts, and are just general disclosures required by Federal and State Laws. This ensures that if any of the terms or vesting are incorrect, it can be addressed before your borrower has already signed half of the loan package.

Call Alissa at Platinum Notary for a perfect loan signing for your borrowers. Mobile notary service available for Petaluma, San Rafael, Novato, Sonoma, Napa..anywhere in Marin, Sonoma, and San Francisco counties!