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Resources > Glossary > Closing Accomodation Rider

Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Common Terms 1   Common Terms 2

Closing Accomodation Rider

Function: noun

This document is not in all loan packages. However, if it is in a loan package, it must be signed before proceeding to the other loan documents.

Definition 1:
The Closing Accomodation Rider states that the loan has been conditionally approved and that all information submitted by the borrower is subject to being checked by the lender. The Closing Accomodation Rider is not normally a notarized document.

Thesaurus / Related Terms
Closing Agent
Closing Costs
Closing Instructions
Closing Statement