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Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.
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Closing InstructionsFunction: noun Definition 1: An outline of the loan package including the terms of the loan, fees, and a list of individual documents within the package. The closing instructions may or may not require a borrower's signature. The closing instructions could tell you if there are any funds or any other documentation that need to be forwarded to the lender from the borrower. Therefore, this document is very important and should be carefully looked at by the notary when commencing a signing. Closing instructions are generally placed at the top of a stack of loan documents. Thesaurus / Related Terms Closing Closing Agent Closing Costs Closing Statement
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