There are so many different kind of loan signings (i.e., purchase, refinance, investment property, second home, primary residence, HELOC, etc.), and signing scenarios (i.e., split signings, dual signings, etc.), that it is hard to keep track. I typically look at my dates to get a feel for what is going on, but no matter what the date on the docs is, I always date my certs for the day I meet with the signer(s).
Two years ago Wells Fargo had a no cost refinance program where they overnighted the documents to the borrower and they were to find their own notary to close it. The documents were sent out mid-month and the borrower had to have them back in time for funding which was on the last day of the month so there were no days of interest. I did a lot of these and the docs were always dated for farther out than what we were signing. The borrowers did not date anything, everything was pre-dated. The only thing that did not have a date was the mortgage in which I inserted the date we met. |
