Loan Signing Agent

Borrower (Mortgagor) An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property.

Borrower (Mortgagor) - An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title - The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. Refinancing - The process of paying off one loan with the proceeds from a new loan secured by the same property. Escrow Company - A licensed neutral third party that distributes lega...

Borrower (Mortgagor) - An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title - The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. Refinancing - The process of paying off one loan with the proceeds from a new loan secured by the same property. Escrow Company - A licensed neutral third party that distributes lega...

Borrower (Mortgagor) - An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title - The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. Refinancing - The process of paying off one loan with the proceeds from a new loan secured by the same property. Escrow Company - A licensed neutral third party that distributes lega...

Loan Signing Agent Terms Test Fully Answered Borrower (Mortgagor) - ANSWER An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title - ANSWER The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. Refinancing - ANSWER The process of paying off one loan with the proceeds from a new loan secured by the same property. ...

Borrower (Mortgagor) An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. Refinancing The process of paying off one loan with the proceeds from a new loan secured by the same property. Escrow Company A licensed neutral third party that distri...

Borrower (Mortgagor) An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. 00:25 01:29 Refinancing The process of paying off one loan with the proceeds from a new loan secured by the same property. Escrow Company A licensed neutral third...

Borrower (Mortgagor) An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. Refinancing The process of paying off one loan with the proceeds from a new loan secured by the same property. Escrow Company A licensed neutral third party that distri...