#2103322 - 10/17/1607:57 PMAddress Change in middle of the Process
mdog76
Platinum Poster
Joined: Jan 2007
Posts: 645
Has anyone had this problem before? Subject lot sits on a corner of two different streets. Loan was started under one address then they decide to put the driveway on other side of the lot which changes the street address. Theoretically we will have loan docs with two separate street addresses. Does the docs need to be changed to reflect the new street address of the property being taken as collateral?
The property only has one true address so there's no theoretical aspect to deal with here. You document the file as to when and why the address was modified and close with the true address, not the one that's on the original application.