Documentation
Your iRockLoans loan package proposal consists of:
1. An Investment Summary including:
• Closing title company information
• Square-footage of the property
• Market value
• Loan amount
• Total borrower investment at closing
2. Transfer of funds instructions
Upon purchase of the mortgage loan the following documentation will be sent to you:
-
- Original Note endorsed to you;
- Original Recorded Mortgage;
- Original Title Commitment;
- Original Title policy;
- Original Recorded Assignment of Mortgage;
- Original Servicing Agreement of signatures.
All of the paper work is pre-packaged into a pre-labeled file to make it easy for the investor to store and access information.
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