Do Borrowers Receive a Copy of All Signed Docs When Refinancing

Looking For Advice
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Do the experienced NSAs know if it’s Industry norm/legal requirement for borrowers to receive a copy of ALL loan docs they sign when refinancing or is that something that varies from state to state?

And, if it is a requirement/law that borrowers receive a complete copy of signed docs, who provides the docs and when (how much longer after the Closing is completed)?

Thanks in advance!!

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Yes, they get a copy of the entire package.

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The usual practice is to provide a copy of the entire package at the time the notary meets with the signers, but the copy left with the signers is mostly unsigned. A few of the documents may have been signed by other parties.

One or two title companies do not provide a copy of the entire package, only certain required documents. These companies send copies either ahead of the appointment, or a matter of days after the appointment.

I’m not sure if or when most title companies send copies of all the signed documents after the closing is finished.

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Yes, I always print two sets of documents. One set to execute, one set to leave with the signers.

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On my refis the borrower gets a blank copy of the entire closing package. I also make sure that they get two copies each of the RTC which I have them sign, date and retain.

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Real Estate transactions are highly regulated and are subject to RESPA and TRID and TILA rules. They must get a copy of everything they sign and the docs in order to make an informed decision about their 3 day right to cancel.

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Thanks so much for your reply. Are you able to answer the continued questions of:

  1. Who provides the borrowers with copies of the loan docs they sign…Title or Lender?
  2. Any idea when the borrowers can expect to receive a copy of the signed loan packet?
  3. Will the signed copy be provided electronically or via mail (paper copy) or is that optional depending on the clients’ preference?

Again, many, many thanks!

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To simply answer all of your questions - if signers want a copy of the “signed” package - refer them to their title company/lender to get the copies and an estimate of when to expect the signed copy. YOU only provide a copy of the blank one - at least they have a copy of what they signed for their reference.

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Only if the signer requests a copy of the signed docs, that they need to requested this through their loan officer or directly with the title company. They need to request a “Fully Executed Copies”.
The copies you show up with, to give them, are always unsigned.

Good luck.

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You do! You print 2 copies. 1 for them to sign and one for them to keep. You can also use one of their copies if you mess up! Title may print them if you go thru them (and not a signing co.)

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If the borrower wants copies of the signed docs after the closing, they need to let their loan officer know. The LO will contact the title company, who will, when requested, typically provide copies of the signed docs.