|I've been in this biz since January 2006 -- over 17 years -- in California. Throughout that time, most lenders *prefer* blue ink for their packages.|
Exception: **Usually** Bank of America requires black ink. Once in a great while, no mention of ink color is made in the package and I proceed with blue ink, with no repercussion.
Then, we have JP Morgan Chase via Amrock with the following instruction: "Documents must be signed in black or blue ink, exactly as stated below the signature line, unless otherwise indicated. Use black ink for all hand printed or stamped information." That would lead me to believe borrowers can sign in either color BUT any blank fill-ins and notarial cert entries must be in black ink (other than notary signature, which can be in either color). Why bother? Why not just instruct to use black ink? Is it because if they specify one particular ink color to use then the notary becomes an employee (telling the notary how to do the job)? Or, are they just checking to see if the notary can follow instructions? Or, do they like multi-colored packages?
Had one last night and went with all black ink. So much easier!