| |
 Dear Signing Agents,
You need to REGISTER and have a password to post or reply to discussion topics. Please remember, your password for your listing on 123notary.com is NOT RELATED to and is different from your password on the forum. Your password on the forum can be whatever you want it to be.
|
|
  Be the first person to vote!
| Author |
 Topic  |
|
|
TGS1985
California
208 Posts |
 Posted - 03/15/2013 : 1:03:20 PM
|
quote:
Originally posted by LindaH
Yeah..I'm wondering too - if the borrowers were already committed to not signing, why did you go through the package with them? The most I would have done is show them the final HUD and the Note (in hopes they'll change their mind) but that's it - I'm not wasting my time going through an entire package with someone who's not signing.
As to the second HUD buried in the middle of the package, I tell them "this is the preliminary HUD and the working copy used between lender and title until the numbers are finalized." - I never show this HUD to them that at the outset - I just mention it when we get to it.
Linda
http://www.columbiacountynotary.webs.com
What Linda said. I hardly see packets with a single HUD anymore. A key sign to tell which is which is that line 303 of the Preliminary HUD will either be blank or have full amount of the loan where as the Final HUD will have zero or a small amout either from/to borrower. Probably shouldn't say thats ALWAYS the case but more often than not.
Also, yeah don't waste your time once the signer decline to sign. Call your Signing Company and/or the Loan agent let them know whats going on and have them deal with the signers. I tend to spend too much time at non-signings also and all the wasted time is just not worth it, especially with so many companies only paying partially for a non-signing now.
- Tyler Soares -
Notary Public & Loan Signing Agent
www.mobilestocktonnotary.com
www.saccitynotary.com
|
|
|
|
LindaH
Florida
1754 Posts |
Posted - 03/05/2013 : 06:48:28 AM
|
Yeah..I'm wondering too - if the borrowers were already committed to not signing, why did you go through the package with them? The most I would have done is show them the final HUD and the Note (in hopes they'll change their mind) but that's it - I'm not wasting my time going through an entire package with someone who's not signing.
As to the second HUD buried in the middle of the package, I tell them "this is the preliminary HUD and the working copy used between lender and title until the numbers are finalized." - I never show this HUD to them that at the outset - I just mention it when we get to it.
Linda
http://www.columbiacountynotary.webs.com |
|
|
|
Lvnlavita
Virginia
4 Posts |
Posted - 03/05/2013 : 05:19:03 AM
|
| Title company sent over package with 2 HUD's. 1 Separate from the prepared loan package along with several other separate docs to signed. I did think it a bit strange, but went forward. When I arrived the client did not want to sign loan due to continued issues with loan officer, but wanted to see loan papers anyway. So we began. After they saw the HUD (#1) which was very different than the one they had gotten from there loan officer they only got more angry. They dug deeper in their paper then saw HUD(2) which was different again, well that tipped the cart! Needless to say they knew for sure they weren't signing. Now, the title company is asking me, and I quote "Just one questions since I’m sure it will come up. If the borrowers seemed like they were canceling before you even got to the table, why were the two HUDs presented to them? We are assuming the “second hud” was the one the lender has prepared in the loan package as part of the closing instructions". How should I reply? |
|
| |
Topic |
|
|
|
| Mobile Notary / Signing Agent Discussion Forum |
© 123notary.com |
|
|
|
Tips for using the forum
The most important feature on the forum is the search box. You can look up a particular word, phrase, name of a company, and see a potentially large list of search results with which you can obtain data. Filters are also valuable. If you want to find popular posts, you can use the number of views filter. You can also see whats new with the active topics link. Email us at info@123notary.com if you need any help using the notary forum.
Resources
The notary public resource page is valuable as it has links to all of the free information pages for notaries. Pages linked to the resource page include a page that teaches you everything you need to know to get the most out of your listing. Another page teaches you all the secrets of getting paid. There is a link to our free list of signing companies. There is also a glossary, learning tools, and much more.
If you are a notary, the free tips we give are invaluable.
Popular pages
If you visit 123notary.com often, you might want to visit some of our most popular pages such as the California notary, Texas notary, Florida notary, and New York notary pages to browse the site. We also have valuable pages for notaries such as the free list of signing companies, and the resource page. Please also visit our get notarized and notarized letter page.
|
| |
2 HUD's in package sent
