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From time–to–time borrowers and lenders want to conduct the signing of the loan documents in the funding lender's office. That is a perfectly acceptable practice as long as the notary is an employee of the funding lender and not the mortgage broker or other correspondent lender.

To prove the person acting as the notary is an employee of the funding lender, they need to provide the settlement agent with a business card, email, letter or statement to that affect. The proof has to be maintained in the closing file to prove the file was closed by an employee of the insured lender.

 

 

 

 
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