Posted by ikando on 3/15/12 9:15am
Msg #414990

Does Illinois property need witnesses on the Mortgage

Have a closing on Chicago 2nd home property today. Notice witness lines on bottom of signature page. In Oklahoma, we don't need witnesses. Will Illinois reject without witnesses?

Reply by Pat/IL on 3/15/12 9:20am
Msg #414991

No, witnesses are not necessary. n/m

Reply by ikando on 3/15/12 9:24am
Msg #414992

Re: No, witnesses are not necessary.

Thank you, Pat.

Reply by Larry/IL on 3/15/12 9:26am
Msg #414993

But.....

I recently had a James B Nutter signing, (the last I will ever take). They required witnesses even though Illinois does not. Borrower was upset about it and it took an extra 20 minutes to get people over.

Sometimes the hiring party has extra and necessary requirements.

Reply by Linda Juenger on 3/15/12 9:30am
Msg #414995

Re: But.....

I've done several JB Nutter loans and they are different, but have never had them require a witness. Is this maybe the Cook County requirement??? I'm down south and no, no witness required.

Reply by Larry/IL on 3/15/12 9:44am
Msg #414998

Re: But.....

This one had nothing to do with the county, I called to confirm they wanted two witnesses in Illinois, even though Illinois was not a witness state. They didn't call me back until I was around the corner 5 minutes away, I told them the borrower stated she could not find witnesses on such short notice they didn't care, they wanted them anyway.

Reply by Saul Leibowitz on 3/15/12 10:19am
Msg #415001

Re: But.....

Definitely not a Cook County requirement. You must call your lender or TC to check.

Reply by CopperheadVA on 3/15/12 10:39am
Msg #415002

Re: But.....

I did a Nutter loan a while back through Vantage Point Title, and received those same instructions. Borrower said he didn't have anyone to be a witness. I called TC and they said, "Virginia is not a witness state, so you don't need them." Well DUH! I was only trying to follow their directions that they sent with the package!

Reply by oldhippie_IL on 3/15/12 11:37am
Msg #415011

Re: But.....

I, also just did a closing for Vantage Point, here in IL. Did not need a witness. Nothing was in my instructions to do so....

Reply by Mike Goodey on 3/15/12 1:17pm
Msg #415017

Re: But.....

Had one in California (which is a non witness state) but was being recorded in Georgia. Lender required one. BO didn't have anyone, I suggested a neighbor but BO didn't want his neighbors knowing his business. ( This was a rental property) Service calls me and wants to know if I would sign as the witness but put down a different name!
Apparently, BO suggested this! I told her that this is illegal and unethical and how could she ask me such a thing? Anyway, told her to get someon else.