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Can a mortgage company do this?
Posted by Anonymous of FL on 4/19/04 12:09pm Msg #1552
I have been asked to sign a contract with a very well known company. I am debating that issue. I will do just this company's loans. But the problem that I have is that I know my limitations as a signing agent. I am not an attorney, nor can I give legal advice.

This company wants me to do the closings, but also wants me to sell the loan. In other words, I am not to call the lender, but get the job done my self. I am to refer them to the 3 day recission period. That's fine. While I can do these closings, I do not think it is my place to give advice or not be able to call the lender if I have a question.
This company will quarantee me a certain amount of closings a month, plus some.
I need to know the legal part of this and if this sounds legit to you. I am not getting into trouble for no company. How do I respond to this company's demands?
I will remain anonymous for this topic.
Thanks for your help.
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Messages in this Thread
 Can a mortgage company do this? - Anonymous on 4/19/04 12:09pm
 Re: Can a mortgage company do this? - Roger/OH on 4/19/04 7:45pm
 Re: Can a mortgage company do this? - Jeremy Blansett on 4/20/04 11:08am
 Re: Can a mortgage company do this? -  PAW Notary Services on 4/20/04 8:30pm
 Re: Can a mortgage company do this? - Anonymous on 4/20/04 10:36pm
 Re: Can a mortgage company do this? - sue on 4/21/04 6:29am
 Re: Can a mortgage company do this? - Anonymous on 4/21/04 10:07pm
 Re: Can a mortgage company do this? - Laura Strebel on 2/4/10 3:17pm



 
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