The way I handle is if I get hired by a new title/escrow/lender; I always have the single borrower sign the top of the 1003.
You will already know how to handle this issue with your "bread & butter" companies.
Just a confusing form that should not have been changed in 2006 or was it 2005? How time flies!
To me, its obvious that its only for joint credit; but there is much disagreement by many people in our industry.
This is just what I do and not a legal opinion by any means. |
