I learned a long time ago to read through the entire file of loan documents before printing them. One reason is that each borrower is entitled to receive 2 copies of the Right to Cancel. If I see that there is only 1 in the file, then I'll print the extra copies before printing the entire loan package.
But there is an even more important reason: the closing instructions to the notary signing agent are not always the first document.
It doesn't annoy me when I see this because I have seen it so many times. And I always catch it because I read the entire file before going to a closing.
But what if I didn't?
I have a closing on Monday morning. As I was reading through the file I came across this document:
__________________________________
A lot of times we use BLUE ink. And if I hadn't seen this page, that's no doubt the color I would have used. And then on page 59 I would have discovered that we signed almost the entire set of loan documents with the wrong color ink!!
I'll make a note to use BLACK ink for this closing. But I sure wish they would put these instructions on the first page of the loan package. It sure would make life easier.
Good luck.
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