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Loan Signing System Flashcards 2024 Already Solved
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Loan Signing System Flashcards 2024 Already Solved 5 things every borrower wants to know - Answer ️️ -1. Loan amount 2. Interest rate 3. Term 4. Fixed/Adjustable 5. Prepayment penalty What are the 2 important things in the Deed of Trust? - Answer ️️ -1. Loan amount. Verify the lien amount is correct. 2. Make sure the vesting is correct. (Who owns the property? Verify there are no typos.) What is the most common thing LSAs forget to do on a loan document/application? - Answer ️️ -Borrower's signature at the top of the first page. What number should you verify on the W-9 form? - Answer ️️ -The borrower's SSN.
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Institution
Notary Signing Agent Certification
Course
Notary Signing Agent Certification
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