How to handle a clerical error on executed loan documents

GoDocs has the following options to assist you with correcting/modifying a clerical error on already executed/recorded 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. Possibly returned to you within the hour under Premium support. 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. Likely returned to you same day. Fee allocated at the redraw price.
    1. Redraw the original order with the correct selection to correct your clerical error.
    2. 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.
    3. 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. 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.