Loan Signing System Flashcards 2024 Already Solved
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.
Geschreven voor
- Instelling
- Notary Signing Agent Certification
- Vak
- Notary Signing Agent Certification
Documentinformatie
- Geüpload op
- 16 januari 2024
- Aantal pagina's
- 1
- Geschreven in
- 2023/2024
- Type
- Tentamen (uitwerkingen)
- Bevat
- Vragen en antwoorden
Onderwerpen
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loan signing system flashcards 2024 already solved
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