#post closing

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Post Closing Course available on Learntitle

The Closing is Over but What About the Post Closing

This course is approved in Missouri for 1 credit

Click Here to Enroll

The following is an outline of what will be covered in the course:

Eye on the Prize/ Get it Closed

Fiduciary Responsibility / Commitments

Disbursements

Risk Factors

What Is Post-Closing? 

Recordings

Money

Lien Release and Trustee Services

Original Documents

Culture – the…

Post Closing Course available on Learntitle

The Closing is Over but What About the Post Closing

This course is approved in Missouri for 1 credit

Click Here to Enroll

The following is an outline of what will be covered in the course:

Eye on the Prize/ Get it Closed

Fiduciary Responsibility / Commitments

Disbursements

Risk Factors

What Is Post-Closing? 

Recordings

Money

Lien Release and Trustee Services

Original Documents

Culture – the…

Post Closing Course available on Learntitle

The Closing is Over but What About the Post Closing

This course is approved in several states. Choose one to enroll and get continuing education credit.

New Jersey

Pennsylvania

Missouri

Oklahoma

Alabama

This course is approved for 1 credit. The following is an outline of what will be covered in the course:

Eye on the Prize/ Get it Closed

Fiduciary Responsibility / Commitments

Disbursements

Risk…

Post Closing Course available on Learntitle

The Closing is Over but What About the Post Closing

This course is approved in several states. Choose one to enroll and get continuing education credit.

New Jersey

Pennsylvania

Missouri

Oklahoma

Alabama

This course is approved for 1 credit. The following is an outline of what will be covered in the course:

Eye on the Prize/ Get it Closed

Fiduciary Responsibility / Commitments

Disbursements

Risk…

Post-closing file reviews are nothing but niceness control tools that usurp to assure the quality as for the loan undertaking. It is more ally a rule ordered toward HUD-FHA, VA, Fannie Mae, Freddie mac and many other investors on all hock brokers\bankers. It is basically to pledge that via whom these vadium mortuum brokers and bankers concertize business have quality control reviews conducted of at least 10% of their closed loan files.<\p> <\p>

Each file submitted for the review relative to quality control needs to urinate through a proper procedure. Warming-up, each mortgage loan file submitted must surround the required documentation up-to-the-minute accurate and complete form as mentioned and set forth in the seller's guide. Each file is needed headed for be the case acco-fastened on the right side of the folder with documents sortably held intake the listed manner. The file should also contain the loan census as endow wherewithal the Speak of New York Vadium mortuum Firm (SONYMA).<\p> <\p>

Two, the seller is earlier required to receive SONYMA approval in re the primitiveness post-closing package within 35-days from the closing date. However, if the traveller does not get the approval within the mentioned timeframe, then bloke will subsist assessed late delivery penalties. And, to avoid such incidents, it is recommended to submit the file not later than 3 business days leading until the 35th sunshine from closing.<\p> <\p>

Lastly, after the review of the mortgage file, a decision will be faxed by SONYMA to the seller within 3 business days. And, if the canister has been authenticated, then faxed admonition will include the scheduled purchase date. However, files containing inadequate supporting evidence will not be purchased and under such scenarios, the clerk will be trained via telephone and fax pertaining to the corrections needed.<\p> <\p>

The mortgage file containing inadequate documents will be returned at seller's expense under undeniable circumstances, if:<\p>

The concealed negotiate a loan monument checklist is found missing from the file.<\p>

Paired or more than one required strengthen is omitted from the strap.<\p>

Any three errors like, mortgagor, title, salon are found.<\p>

Any minor errors that are not corrected along by Seller within 72 hours after the notification in regard to the deficiencies are informed to the seller.<\p>

Entryway post-closing file reviews , the seller is liable toward be measured penalties if Mortgage loans close at approximate interest rate primrose-colored close after the expiry date of commitment. Subjacent such tangibles, the authorised cadre, SONYMA will be requiring a junk mail from fishmonger admitting acceptance in respect to the penalty.<\p> <\p>

Post Closing Course available on Learntitle

The Closing is Over but What About the Post Closing

This course is approved in several states. Choose one to enroll and get continuing education credit.

New Jersey

Pennsylvania

Missouri

Oklahoma

Alabama

This course is approved for 1 credit. The following is an outline of what will be covered in the course:

Eye on the Prize/ Get it Closed

Fiduciary Responsibility / Commitments

Disbursements

Risk…