Title Vesting

Title vesting upon closing is different from the GoDocs auto-populated vesting

If title vesting upon closing is different from the GoDocs auto-populated vesting (which is taken from the "Borrower" tab), the customer can check the box in the "Property" tab that reads "Title vesting at closing will be other than as shown above" and enter the desired vesting.

Reference to the title vesting at closing shows up twice in the loan documents: Deed of Trust and Assignment of Rents, Security Agreement and Fixture Filing.

 

Change in Vesting (and Removal of Guarantor):

Both of those options are available under the Assumption Product Type of ModDocs. We can turn that functionality on for you. Please note that we are working on a UI update for the future that will incorporate the assumption (party changes) functionality into our Modification Product Type. Please reach out to Customer Support if you need further help on this feature.

You will be able to see a fee estimate prior to hitting submit order.