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BobbieCT Can You Please Clarify Something . . .
Posted by  PegiT_MN of MN on 7/16/19 2:58pm Msg #608461
I pretty much understood most of your post . . . "picking up" = accepting an assignment for a loan application signing.

"if your state requires licensing to ""take"" a loan application, be careful what you say when ""picking up"" a loan application for a lender or loan officer". I pretty much interpret this to mean . . . point and sign . . . we don't answer any questions because we are not licensed.

My question is this . . . is this lender using unlicensed mortgage sales people (notaries) to just point and sign, or are they asking the notary to actually fill out the application with the borrower, answer questions, etc.? We should strictly be point and sign on loan applications.

Is the lender local, regional, or nationwide?

Thank you.

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Messages in this Thread
 Please remember when "picking up" loan applications... - BobbiCT on 7/16/19 7:01am
 Re: Please remember when "picking up" loan applications... -  Cheryl Elliott on 7/16/19 7:24am
 Re: Please remember when "picking up" loan applications... - Luckydog on 7/16/19 10:25am
 The terminology I hear is "Disclosures", not "Applications". -  MW/VA on 7/16/19 1:43pm
 BobbieCT Can You Please Clarify Something . . . -  PegiT_MN on 7/16/19 2:58pm
 Good point, Bobbi. Does it go beyond simply "picking up" ... -  John/CT on 7/16/19 6:41pm
 Describe (point out key elements) is not explain. Big diff.. n/m -  John/CT on 7/16/19 6:47pm
 Re: BobbieCT Can You Please Clarify Something . . . - jnew on 7/16/19 9:48pm
 Clarify Something . . . - BobbiCT on 7/17/19 6:54am
 Re: Please remember when "picking up" loan applications... - Bear900/CA on 7/16/19 11:05pm
 I got an email yesterday for a RM loan application. They -  MW/VA on 7/17/19 10:28am
 RM loan application. - NVLSlady/VA on 7/17/19 5:09pm

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