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#2177664 - 05/10/18 07:02 PM Paid Off Loan - Mailing Note Copy
Oscar Offline
Member
Joined: Aug 2017
Posts: 53
Hello,

With all the scanning we do now, there is some confusion as to whether or not we can mail a copy of the Promissory Note stamped Paid instead of the original note to the customer? Any thoughts or guidance?

Thank you,

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Lending Compliance
#2177676 - 05/10/18 07:18 PM Re: Paid Off Loan - Mailing Note Copy Oscar
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,517
Bloomington, IN
Any requirements for returning loan documents would be governed by state law.
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The opinions expressed are mine and they are not to be taken as legal advice.

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