Posted by Susie/OH on 11/25/04 8:48pm
Msg #12050

Funding Request Form

I have a Funding Request Form. And, down on the bottom of the page it has,

APPROVED SIGNER/S

The question is....is this for the borrower/s or for some other agency?

Reply by Anonymous on 11/25/04 9:13pm
Msg #12053

Never heard of that...maybe call the title company in the morning and ask...

Reply by Joan-OH on 11/25/04 10:20pm
Msg #12054

Sounds like a citi-mortgage. I believe that is for the escrow officer to sign.

Joan-OH

Reply by julie-MI on 11/25/04 10:20pm
Msg #12055

Sounds like a HELOC.

Recently one of the lenders has a form where toward the top, the borrower fills in the amount of cash they want overnighted or wired to them. The bottom of the form has the approved signers area which is a sample signature for authorized borrowers from the Heloc Agreement (not the mortgage or deed of trust) against fraud in the event the checks/credit card were stolen and someone tried to forge the borrowers signatures.

The borrowers named on the Agreement sign here. Sorry for the run-on sentence and plural possessives, but I am too full of turkey to make the corrections.

The sample signature page used to be on a form by itself, but for this particular lender (cannot remember which one) they are killing two birds with one stone.

Reply by Joan-OH on 11/25/04 10:24pm
Msg #12056

That sounds like a Citi-Bank Heloc and yes, the borrowers choose how to get their money and sign the bottom. But I believe the verbage that she used is the paperwork that comes in a CityMortgage first Mortgage and it is for title to take care of.

Joan-OH

Reply by Susie/OH on 11/25/04 10:46pm
Msg #12059

It is a Citi-mortgage. It is a 2 page document, but the Approved Signer/s is on the bottom of the 1st page. So, does the borrower/s both sign or is this for someone else to sign?

Reply by Joan-OH on 11/26/04 7:37am
Msg #12069

I believe it is for the "funder" to sign, not the borrower. Are the borrower's names typed in? If you want to fax it over, 815-346-2332.

Reply by Susie/OH on 11/26/04 9:41am
Msg #12070

Re: Funding Request Form To JOAN

Good Morning. Thank you for your help. I think it is for someone else to sign. No names are typed. I just wanted to make sure so I thought I would ask on this forum.