Documents Required to Close on Your Note
Once we have come to an agreement on Price, we will need the following documents at the loan sale closing:
- Loan Sale Agreement
- Notice to the Borrower signed by you that the loan has been sold to us.
- Assignment of the Mortgage to us.
- Ledger of Payments to you
- Assignment and Assumption Agreement
- Lender’s Title Policy
- Actual Executed Note and Mortgage and any other documents signed between you as Lender and the Borrower.