Posted by jean/pa on 6/20/07 8:50am
Msg #195931
mortgage co
has anyone ever done a signign for the mortgage company taylor-bean and whittaker and if so how large are the pkgs? thanks
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Reply by MistarellaFL on 6/20/07 8:53am
Msg #195932
Yes, and if I recall they were a little over 100 pages. Paid well and timely.
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Reply by jean/pa on 6/20/07 9:11am
Msg #195939
thanks for the info mistarella
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Reply by Jersey_Boy on 6/20/07 9:52am
Msg #195961
I've signed a ton of Taylor Bean & Whitake VA loans.
Their packages are nothing out of the ordinary....
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Reply by jean/pa on 6/20/07 10:15am
Msg #195974
well i do have one question the pkg contains a first position letter for no one to sign except a spot for closing agent is this something they expect me to sign it states the first mortgage ahs been paid ......
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Reply by Jersey_Boy on 6/20/07 11:00am
Msg #196001
jean/pa
Do not sign it. You are not the closing agent. The only place you should be signing is where is states "notary Public" or on the Patriot Act form detailing the borrower's ID.
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Reply by Todd Atkins on 6/20/07 11:01am
Msg #196003
This letter is more like a certification from the settlement agent that the newly signed mortgage will be in the first and best lien position. I wouldn't sign it - that responsibility (and liability) is one someone else.
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Reply by sue_pa on 6/20/07 2:27pm
Msg #196081
on page 1 of the lenders closing instructions - towards the bottom - they want you to obtain an e-mail address for the borrowers. Supposedly if you don't put an e-mail or 'none' on the line it won't fund timely and 'naturally' that will be blamed on you.
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Reply by Linda_H/FL on 6/20/07 2:34pm
Msg #196086
What if the borrowers don't want to give you that information - or don't have one? How can they hold their money up for that??
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Reply by sue_pa on 6/20/07 2:48pm
Msg #196091
then you write 'none'. I was told by 2 different companies that I wouldn't be paid if this line came back blank -
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Reply by Linda_H/FL on 6/20/07 2:54pm
Msg #196094
ah - okay - misread - thought they wouldn't accept "none"...
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