Posted by NPBayAreaCA on 9/1/05 12:44pm
Msg #63329

Borrower's Holding Docs

Is it a rather frequent happening that borrowers hold on to docs that were delivered to them for over a week so they can go over it? Wouldn't that cause issues with the loan and the LO? I would not backdate but changing the dates for the appropriate date seems very "uncomfortable". The LO didn't follow up with the SS until the borrower called the SS asking for a notary and now they want to notarize the package. How would you folks deal with this issue?

Reply by Roger_OH on 9/1/05 12:49pm
Msg #63330

Many times the docs are not date sensitive. The borrowers can use whatever date they wish; however, YOUR notarizations MUST reflect the date they signed in your presence.

Reply by JRamirez on 9/1/05 12:52pm
Msg #63331

I just got a phone call from Notaries To You about a similar issue. I don't have any issue doing the signing as long as the dates are for today. I get this sometimes because I deal a lot with Spanish speaking signers who are very confused about the paperwork.

Reply by Kate on 9/1/05 2:02pm
Msg #63341

If they have already signed and dated a document, the only date you are concerned with is the dates on your ACK. The jurat is another story, they must resign in front of you.