| Product Name |
Description |
Code |
| Attorney Closing w/Funding | A closing will be coordinated utilizing a licensed attorney to facilitate the signing of the closing documents and centrally manage the disbursement of the loan proceeds. | 301 |
| Close by Phone w/Funding | A closing will be coordinated with a closing representative, via phone, for the review of the documents contained in the closing package. Once the review is complete, the representative instructs the borrower to take the closing package to a notary of their choice to execute and notarize all documents and return the closing documents. The disbursement of the loan proceeds is centrally managed. | 571 |
| Closing & Escrow Services | On Residential transactions, the lender obtains title evidence. Closing agent handles title compliance, payoffs, disbursements along with proper ID and execution of the documents at closing. Certain portions of the above may be performed by a party other than the lender or the closing agent. | 29 |
| Closing Service Mail Away | Closing Services involve the following items and the transportation of documents. Perform curative work on title. Prepare a Preliminary and a Final HUD document. Prepare a closing package for mail-away closing and deliver to the customer. Audit the executed closing package against the Lender's | 396 |
| Closing w/Property Rpt | Closing with Property Report is a full escrow closing with a property report. This is performed with a one-owner limited search and no subsequent title policy is issued. All closing functions are performed in accordance with the local custom and practice and state and federal regulations. | 393 |
| Commercial Closing | On Commercial transactions, the lender obtains title evidence. Closing agent handles title compliance, payoffs, disbursements along with proper ID and execution of the documents. | 28 |
| Construction Disbursement Services | Construction Disbursement Services provides fund control on projects ranging from custom residential homes, infrastructure funding of developments, commercial franchise projects and complex commercial high-rise buildings. | 507 |
| Courtesy Closing | More commonly called Witness Closing, the lender obtains title evidence, payoffs, closing requirements. Closing agent takes ID from signers and has documents executed appropriately. | 30 |
| Doc Filing - Insurance Cert | This product will be used to provide the title insurance certificate and to forward the legal documents to the appropriate Provider and subsequently to the respective County Court House for recordation into public records. | 633 |
| Document Filing | Process by which legal documents are forwarded to the respective County Court House for Recordation into public records. | 27 |
| Document Signing Service | A notary only signing service. A notary public will witness the signing of the documents. No explanations or descriptions of the documents to be signed will be provided. | 56 |
| Dual Closing Witness Closing | A closing will be coordinated at 2 different locations utilizing a witness agent (Notary) to facilitate the signing of the closing documents and centrally manage the disbursement of the loan proceeds. | 302 |
| Full Closing-Centralized-Full ALTA | Closing coordination requested in conjunction with a full coverage title product, typically an ALTA policy. | 113 |
| Full Closing-Centralized-Non-Title/LTD | Closing coordination requested in conjunction with a limited coverage or non-insurance title product. | 112 |
| Funding Disbursement only - E Title | Centrally manage the disbursement of the loan proceeds. | 303 |
| Loan Modification | Modification of an existing loan that includes a permanent change in one or more of the terms of a mortgagor's loan and requires the signature of the borrower on the loan modification document. | 604 |
| Loan Modification with Recording | Modification of an existing loan that includes a permanent change in one or more of the terms of a mortgagor's loan and requires the signature of the borrower on the loan modification document. Once document is executed, the document will be recorded. | 605 |
| Piggyback Closing | A closing/escrow service on the second of two loans on the same property. | 538 |
| Piggyback Closing Witness Closing | A closing will be coordinated utilizing a witness agent (Notary) to facilitate the signing of the 1st and 2nd mortgage closing documents and centrally manage the disbursement of the loan proceeds. | 304 |
| Property Rpt w/Closing/Escrow Services | A combination of a Property Report and Closing/Escrow services. | 429 |
| Recordation Tax Service | The calculation of mortgage taxes. | 202 |
| Reverse Mortgage Closing | Closing/escrow services for a reverse mortgage loan. | 936 |
| Sub-Escrow | Once funds are received from the lending institute, the funds are
disbursed to pay off existing loans and taxes according to the payoff
statement provided. | 57 |
| Witness Closing w/Funding | A closing will be coordinated utilizing a witness agent (Notary) to facilitate the signing of the closing documents and centrally manage the disbursement of the loan proceeds. | 305 |