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#457510 - 11/16/05 02:13 PM Address on Loan Docs
Anonymous
Unregistered

Please answer quick!!! Customer closed on the sell of his home on 11/15/05. He is closing on the purchase of new home on 11/16/05 which we are the lender. What address do we put on loan docs? I am in a brain fog today.

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Lending Compliance
#457511 - 11/16/05 07:01 PM Re: Address on Loan Docs
Anonymous
Unregistered

I would think you would put what ever address your customer requests.

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#457512 - 11/17/05 03:46 AM Re: Address on Loan Docs
flaire Offline
100 Club
flaire
Joined: Sep 2005
Posts: 228
sw us
I would use the 11/15 address on the documents.
_________________________
Hello, triple a? I got locked out of my mind...

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#457513 - 11/17/05 04:55 PM Re: Address on Loan Docs
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,400
Assuming "Customer closed on the sell of his home " means he was the seller in the closing and didn't sign any note or mortgage on 11/15;
AND
The collateral for the 11/16 closing's note and mortgage is the house he purchased;
Then, the address on the documents MUST be that of the new home.

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