Comprehensive Loan Package: $200.00
A loan package consists of at least 89 pages and can have up to 160+ pages, depending on the lender’s requirements.
I will either print the documents (if they are emailed to me from a signing service) on my HP dual-tray (letter & legal) printer, or I will pick them up from the escrow company (if the assignment is generated from a local escrow company.)
In either case, I will prep the documents to make sure that the spelling of the subject property and the borrower’s name match consistently throughout the package. I watch for any inconsistencies that could be corrected before the signing appointment..
When I receive a loan package assignment, I will call the signers promptly to confirm the appointment, request copies of photo ID documents, verify time, place and possible parking issues, and to find out if the signers know if they will be receiving funds back or if they need to bring funds with them for the loan closing.
I keep my contact source aware of the notary time line including time of appointment, completion of signing and executed documents return times.