Refinances – Upon receipt of title commitment request
• Open file
• Monitor mortgage commitment date(s) and approval(s)
• Order title search
• Order payoffs
• Obtain necessary lien release(s)
• Submit required documentation to lender
• Prepare bank package and obtain final HUD approval
• Prepare final disbursement sheet for checks
• Return bank/broker package(s) via your overnight service
• Coordinate recording service, if necessary
• Coordinate release tracking service, if necessary
• Submit payoff letter(s) and check(s) to the bank *
* All wires will be the attorney's responsibility to execute and confirm
• Close file and return to your office
ADDITIONAL CHARGES:
• Subordination Agreement
• 2nd mortgage bank package
• Power of Attorney
• Quit-Claim Deed with Conveyance Tax Form
• Change of Name Affidavit
• Affidavit of Facts Affecting Title