Loan Sign Notary Test 3 Questions and Answers Passed with 100%
Loan Sign Notary Test 3 Questions and Answers Passed with 100% Escrow Transfer Account This form must be signed by the borrower if the lender has an escrow account. This document instructs the previous lender to send any funds remaining in the escrow account to the new lender when the mortgage is paid off. Mortgagors (Occupancy ) Affidavit This document will need to be signed and notarized. This document states whether or not the borrower intends to occupy the property as a primary residence. This document determines if a property is located in a special flood hazard area. Credit history is one factor that plays a role in the amount of origination points a borrower pays. True
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- September 7, 2023
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- 2023/2024
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- Exam (elaborations)
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- Questions & answers