Services delivered to mortgage lenders include payoff management, title clearance, scheduling & closing execution and funding activities centralized through one convenient point of contact for both the lender and borrower.
- Scheduled date, place, and time
- Validate identity of parties
- Witness execution
- Acknowledge documents
- Review for recordability
- Property report (separate fee)
- Title clearance
- Loan document review
- Document preparation: HUD1, affidavits, releases, and deed, if necessary (extra cost)
- Mortgage filing
- Basic services include ordering demands, payoff of liens/creditors, preparation of HUD-1, order recording
- Basic sub escrow
- Preparation of estimated HUD-1
- Review preliminary report/commitment or other title products
- Coordinate signing
- Package loan documents
For more information, please visit www.lsi-lps.com.