How to handle a clerical error on executed loan documents

1. Redraw Documents
   1. Possible Standard support scenarios.
   2. Provided in the same form as the original package to be finalized for how you will use them on your end, at your discretion.
   3. Fee allocated at the redraw price.
   4. Redraw order with the corrected data value. (back dating is not supported, but we can generate and deliver for  you once you say the data entry is complete)
   5. Please note: For the UCC filing, you will receive a UCC-1 as that is what the original package included. You will need to work with your UCC servicer with regard to how you amend that filing.
2. Amended and Restated Deed of Trust (A&R docs)
   1. Premium support only.
   2. Amended and Restated Deed of Trust in the same form of the original documents you downloaded, but updated for the changed value and marked as A&R with an explanation paragraph added.
   3. Redraw the original order with the correct selection to correct your clerical error.
   1. Include a special instruction that: A&R docs to only correct a clerical error (e.g. tangible personal property in mortgaged property) and reconfirm the original document date and/or recording date.
   2. Please note: For the UCC filing, we will only provide a correct FINANCING STATEMENT; EXHIBIT "B". We understand California has electronic UCC filings and you would work with your UCC servicer to complete and file a UCC amendment.
3. Modification
   1. Possible Standard support scenarios.
   2. Modification documents with an Amended Deed of Trust.
   3. File returned next week under Premium support, if not sooner. Fee allocated at the modification price.
   4. Submit a modification where you complete all the values that you can. Include a special instruction explaining what is to be changed.
   5. Please note: For the UCC filing, we will only provide a correct FINANCING STATEMENT; EXHIBIT "B". We understand California has electronic UCC filings and you would work with your UCC servicer to complete and file a UCC amendment.
4.  Limited Power of Attorney
   If the concern is a clerical or scrivener error, the Limited Power of Attorney is intended to let the lender correct the non-recorded loan document e.g. Loan Agreement, after closing through its internal process. If helpful, you can order a Standard support redraw, at no cost, with the respective scrivener error corrected and pull only the corrected document e.g. Loan Agreement, from the package. Whether and how you use the redrawn document, e.g. Loan Agreement, under the Limited Power of Attorney is up to your internal process. 
5. LegalNet Referral
   1. We can refer you to a LegalNet partner for them to potentially work with you directly in terms of what you want addressed and how.
   2. Timing and fee will be discussed during the consultation. Our LegalNet partners are familiar with GoDocs and our customers so they can work efficiently and frequently offer flat fee services.

Important Note*

ModDocs is for true post-closing term changes (e.g., rate, payment, maturity) — not clerical fixes.
Redraw is for corrections up to and through execution (pre-disbursement/recording), but do note for post-closing corrections, a redraw can also be appropriate if your business practice allows it if your process only needs the same documents with the correction and no “modification/restatement” references.
Amended & Restated is typically used post-disbursement/recording when the documents are being restated

Please reach out to Customer Support if you ever have questions on which options fits best for your business practice.