Posted by SignerCA on 5/1/06 5:47pm
Msg #117020
Citibank for NASCO. Form question
I have a Citibank HELOC for NASCO in which I see a "Form of Identification Affidavit/Mortgagors". Are we to fill this out AND notarize it?
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Reply by SarahBeth_CA on 5/1/06 6:02pm
Msg #117025
Is there notarial wording on the document? If not then you do not notarize. If so you will have the borrower fill out the information then notarize. Just remember that we are not to prepare the documents that have signatures to be notarized.
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Reply by SignerCA on 5/1/06 6:05pm
Msg #117027
That's why I was wondering if we had to notarize it. It asks for me to fill in the ID information I receive on the borrower's then notarize it at the bottom.
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Reply by cyndi_ca on 5/1/06 6:08pm
Msg #117028
Is there a place for the BO's to sign?
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Reply by SarahBeth_CA on 5/1/06 6:09pm
Msg #117029
Is there a place for the borrower to sign?
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Reply by cyndi_ca on 5/1/06 6:10pm
Msg #117030
Beat ya SarahBeth ;) n/m
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Reply by SarahBeth_CA on 5/1/06 6:12pm
Msg #117032
I snoozed, I loosed. n/m
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Reply by cyndi_ca on 5/1/06 6:13pm
Msg #117033
No snoozing for Superheros n/m
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Reply by janCA on 5/1/06 6:34pm
Msg #117036
Re: No snoozing for Superheros
Yes, this is to be notarized. Borrowers sign and write in SS#.
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Reply by SignerCA on 5/1/06 6:45pm
Msg #117037
janCA - sounds like you know...
So the borrower enters their SS# then signs it and I fill in the rest and notarize it?
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Reply by janCA on 5/1/06 6:49pm
Msg #117038
Re: janCA - sounds like you know...
You fill in all the info from DL, the main borrower signs at the top and puts in SS# and the co-borrower signs at the bottom and puts in SS#.
Also, don't forget to print out 2 sets of the DOT. Also, make sure you read Page 3 of the Closing Instructions to see if you need to collect the borrowers' Declaration Page of their Homeowners Insurance.
If you need any help with this, email or call me. I do these all the time.
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Reply by SignerCA on 5/1/06 7:12pm
Msg #117042
Re: janCA - sounds like you know...
I checked page 3 under "Notary Conditions/Instructions" and I see nothing re: the Declaration page. It mentions instructions for returning the Funding Transmittal Package and what all the borrower's must sign.
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Reply by janCA on 5/1/06 7:19pm
Msg #117044
Re: janCA - sounds like you know...
Look at the top of the page where it says "Add'l Borrower Conditions to Close". It may or may not be there. If not, then you don't have to get a copy of this doc.
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Reply by janCA on 5/1/06 7:21pm
Msg #117045
One more thing.
One more thing, always collect a copy of their DL. It is required.
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Reply by CaliNotary on 5/1/06 8:03pm
Msg #117052
I only fill out the form if they don't have a copy of the DL
I was told a long time ago that we didn't have to do both and it's never been a problem.
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Reply by BrendaTx on 5/1/06 8:08pm
Msg #117053
Re: I only fill out the form if they don't have a copy of the DL
I have had one or two occasions where I did likewise and was never called on it. However, if they ask for it, I do everything I can to produce it.
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Reply by SignerCA on 5/1/06 8:10pm
Msg #117054
Both what? sorry n/m
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Reply by CaliNotary on 5/1/06 8:13pm
Msg #117057
Re: Both what? sorry
Both get a copy of the driver's license and fill out the ID form. You only need to do one or the other, preferrably get a copy of the license.
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Reply by SignerCA on 5/1/06 8:25pm
Msg #117058
I see, thanks all for your help. n/m
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Reply by Gina Collins on 5/2/06 2:26am
Msg #117102
Re: One more thing.
HOW DO YOU USUALLY GET A COPY OF DL?? DO YOU HAVE THEM PROVIDE A COPY TO YOU UPON NOTARIZING??
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Reply by SignerCA on 5/1/06 7:21pm
Msg #117046
Re: janCA - sounds like you know...
Saw that, it just mentions Auto Deduct instructions.
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Reply by SignerCA on 5/1/06 7:27pm
Msg #117048
collect a copy of DL even if it doesn't state it? n/m
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Reply by janCA on 5/1/06 9:45pm
Msg #117080
Re: collect a copy of DL even if it doesn't state it?
Cali may be right but this is what I have always done. I started doing these 3 years ago and maybe back then it was requested so I have just always done it and have never been told otherwise by NASCO. I always request the Declarations Page too when I call the borrowers to confirm the appt. because you don't know until you actually receive the docs. if you have to get a copy of this also. If you're unsure what to do, call NASCO.
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Reply by BrendaTx on 5/1/06 8:31pm
Msg #117061
Re: No snoozing for Superheros - Cyndi - are you sure?
I thought it was about no crying in baseball? There's no crying in baseball.
Ol' Hanks made that line nearly as popular as Clark Gable made "Frankly my dear I don't give a damn."
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