Practice Loan Documents and what to say to borrowers.
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| show | This document shows all the settlement charges involved in your loan. It is self-explanatory. Please take time to look over the numbers.
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| Notice of Right to Cancel | show 🗑
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| show | This document is also called a “security instrument.” It gives the lender an interest in your property; it will be recorded in the public (or real estate) records. (Notarize.)
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| Promissory Note or Real Estate Note | show 🗑
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| show | This discusses your escrow account.
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| show | This explains all costs of your loan.
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| 1st Payment Letter | show 🗑
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| show | This is the application that you filled out at the beginning of your loan. You are requested to sign it again to confirm that it is accurate.
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| show | This explains the cost of your loan.
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| Itemization of Amount Financed Borrower(s) | show 🗑
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| Borrower(s) Acknowledgement of Receipt of Disclosures | show 🗑
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| Attorney Representation Notice | show 🗑
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| show | Please review and state if you swear (or affirm) to the truthfulness of the contents of the document. (Notarize.)
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| show | Please review and advise if you swear (or affirm) to the truthfulness of the contents of the document. (Notarize.)
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| Certification and Authorization to Release Information | show 🗑
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| show | This says that you will work with the lender to provide any additional information or funds required, if any, to complete the loan package. (Notarize.)
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| show | You will work with the lender to provide any additional information requested to complete the loan package. (Notarize.)
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| Limited Power of Attorney/Correction Agreement | show 🗑
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| show | This document lists names that you have been known as. Please sign as stated by names that you have been known by. Do not sign by names that do not apply to you. If it does not apply to you, you may want to complete the blank with a couple of words that e
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| show | You understand that this loan may be sold or assigned to a loan servicer.
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| show | This says that there are no oral agreements between parties that are not documented in the loan documents.
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| Collateral Protection Insurance Notice | show 🗑
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| show | You agree that the lender may collect a copy of your tax return from the IRS
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| Patriot Act Form | show 🗑
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| Signature Affidavit | show 🗑
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| show | This document requests that you swear to information about your marital history. (Notarize.)
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| show | In this document, you confirm information about the property related to your loan. (Notarize.)
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| Survey Affidavit | show 🗑
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| Affidavit of Debts and Liens | show 🗑
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| Homestead Affidavit | show 🗑
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| RESPA | show 🗑
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| show | verify SSN accurate
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| Good Faith Estimates (AKA GFE) | show 🗑
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| show | This doc certifies all of the information provided in the loan app. is true and complete.
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