I agree in general terms. I usually have the borrowers initial the bottom of each page except the signature page and the notarization page. My recollection from my legal days is that it is redundant to have the borrowers initial the signature page, a page that they have already signed. And I am not sure if there is any real point in their initialling the notarization page.
Now have I seen mortgages in packages that have initial lines on every single page including the signature page and the notarization page? Yes, I have. |