Hands On Guide: Closing

Version History

Version	Date	Changes
1.0	9/8/2023	N/A
1.1	10/19/2023	Corrected proposed insured in Preliminary Title Report / Title Commitment.

Content Outline

Module 1: Introduction

• How this Hands-On Guide Works

Module 2: Loan Documentation

• Loan: Borrower Identification

• Loan: Verbal Verification of Employment (VVOE)

• Loan: Tri-Merged Credit Report & Refresh Report (Loan Quality Initiative)

• Loan: Loan Estimate & Closing Disclosures

• Loan: Change of Circumstance (COC) Notice

• Loan: Mortgage Insurance

• Interest Rate Sheet

• Loan: Estimated Settlement Fees

• Loan: Settlement Service Provider List (SSPL)

• Loan: Mavent Report

• Loan: Tax Chart

• Loan: Invoices

Module 3: Property Documentation

• Property: Purchase Contract

• Property: Earnest Money Deposit (EMD) Letter

• Property: USPS

• Property: Appraisal Report

• Property: Homeowner's Insurance

• Property: Tax Cert./ Statement

• Property: Preliminary Title Report / Title Commitment