Good to know that it's acceptable, but that seems to still leave us up in the air as to whether or not we should have each individual sign their own section (if joint credit) or have both borrowers initial both sections...
This reminds me of the related issue on the old 1003, as to whether or not a single borrower (or one with a NBS) should sign on the top. I used to characterize that this way: "What one lender insists on, another prohibits." I guess this keeps our work lives interesting. |
Messages in this Thread |
| My big mistake. So,,,,I thought each BWR is to initial - Alz on 9/23/21 1:28pm |
| Re: My big mistake. So,,,,I thought each BWR is to initial - Yoli/CA on 9/23/21 1:42pm |
| And then ... - Yoli/CA on 9/23/21 1:45pm |
| Re: And then .. n/m - Lee/AR on 9/23/21 2:15pm |
| Oops..Agree w/Yoli and Who's the Lender? n/m - Lee/AR on 9/23/21 2:16pm |
| BBVA USA n/m - Alz on 9/23/21 2:48pm |
| I agree, too, always done it that way. No issues so far. n/m - JanetK_CA on 9/23/21 3:23pm |
| Re: And then ... - Bear900/CA on 9/24/21 2:27pm |
| Thank you. I think this was just one of those - Alz on 9/26/21 4:48pm |
| Re: My big mistake. So,,,,I thought each BWR is to initial - Alz on 9/23/21 2:48pm |
| Re: My big mistake. So,,,,I thought each BWR is to initial - Luckydog on 9/23/21 2:56pm |
| Not your mistake--their's. It just shows that many of these - MW/VA on 9/23/21 3:54pm |
| Re: Not your mistake--their - pdl/cali on 9/23/21 9:22pm |
| Re: My big mistake. So,,,,I thought each BWR is to initial - CCW/MN on 9/24/21 8:03am |
| Re: My big mistake. So,,,,I thought each BWR is to initial - Luckydog on 9/24/21 9:19am |
| Anything worth doing is worth over-doing n/m - jnew on 9/24/21 12:56pm |
| Why is it wrong? - Bear900/CA on 9/24/21 1:47pm |
| This might help n/m - anotaryinva on 9/24/21 1:57pm |
| Oops - anotaryinva on 9/24/21 2:01pm |
| Re: Oops - Bear900/CA on 9/24/21 2:33pm |
| That is the correct way n/m - Luckydog on 9/26/21 1:58pm |
| Until told otherwise by the the lender - their call. n/m - Bear900/CA on 9/26/21 7:05pm |
| #7 - Waiting for contact info from TC. n/m - Alz on 9/26/21 4:59pm |
| They won't know. Only the lender will. n/m - Bear900/CA on 9/26/21 7:00pm |
| Oops - contact info is right on the 1003 - Bear900/CA on 9/26/21 7:03pm |
| Yes, the TC gave me the information. No I do not print. n/m - Alz on 9/27/21 11:10am |
| Will an update n/m - Alz on 9/27/21 11:11am |
| I mean. I will update everyone later n/m - Alz on 9/27/21 11:11am |
| Yes it is acceptable! - Bear900/CA on 9/27/21 11:16am |
| Re: Yes it is acceptable! - JanetK_CA on 9/27/21 2:37pm |
| Re: Yes it is acceptable! - Bear900/CA on 9/27/21 3:58pm |
| Love it when lenders leave instructions for this kinda stuff - JanetK_CA on 9/28/21 2:39pm |