HELOC is a home equity line of credit.
A hybrid eSigning usually means that documents that don't require notarization will be signed electronically by the borrowers. Documents that require notarization will be printed (usually provided electronically to the notary, who prints two copies), signed with pen and ink by the borrowers, and the notary certificates filled out and signed with pen and ink by the notary, then stamped with the notary's rubber stamp seal. Usually the notary will be expected to bring the signed set of paper documents to a UPS or FEDEX shipping location. |
