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How about a standardized loan pkg?
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How about a standardized loan pkg?
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Posted by JandB on 11/1/13 9:37am
Msg #490820

How about a standardized loan pkg?

The script would not be so bad if I only had to use a line once. Honestly, I have my own script and would adjust in the interest of standardization. How can we possibly be expected to standardize our presentation when the package we present varies from lender/tc to lender/tc.

Reply by Laurie Manzanares on 11/1/13 10:07am
Msg #490825

Re: Like! n/m

Reply by Lee/AR on 11/1/13 11:11am
Msg #490851

Now that's an idea whose time has come. n/m

Reply by EJC/LA on 11/1/13 11:40am
Msg #490861

Interesting idea; wouldn't work for Louisiana though. We're already suffering from a bad case of "common-law creep" here; mortgages that should be 2 or 3 pages turn into 50+ page monstrosities.

Reply by CJ on 11/1/13 12:04pm
Msg #490866

I think it's a great idea, but . . .

I suspect if they made one, standardized loan package, it would have EVERY document in it. Then all loan packages would be 200 pages.

Reply by JandB on 11/1/13 12:23pm
Msg #490873

We could form a Notary "Workgroup" with intention to

create a standardized loan pkg. If they don't meet our guidelines we kick it back. (Do I need to say "just kidding.)


 
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