Allonge Study guides, Class notes & Summaries

Notary Signing Agent Questions and Answers 100% Verified 1003 - Uniform Residential Loan Application Standard form completed by borrowers when applying for a mortgage loan. A borrower lists all assets and liabilities on the form, also includes a section for income, including two years of employment history and monthly household income. ACKNOWLEDGEMENT Formal declaration before a public official that one has signed a document prior to recording real estate documents, such as grant deeds and...

NOTARY SIGNING AGENT EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ 1003 - Uniform Residential Loan Application - -Standard form completed by borrowers when applying for a mortgage loan. A borrower lists all assets and liabilities on the form, also includes a section for income, including two years of employment history and monthly household income. ACKNOWLEDGEMENT - -Formal declaration before a public official that one has signed a document prior to recording real estate documents, such...

1003 - Uniform Residential Loan Application Standard form completed by borrowers when applying for a mortgage loan. A borrower lists all assets and liabilities on the form, also includes a section for income, including two years of employment history and monthly household income. ACKNOWLEDGEMENT Formal declaration before a public official that one has signed a document prior to recording real estate documents, such as grant deeds and deeds of trust, a Notary Public acknowledges the persons ...

Notary Loan Signing Agent Terms question and answers 2023 ACKNOWLEDGEMENT - correct answer Formal declaration before a public official that one has signed a document AKA (also known as) - correct answer A person who is also known by other names ALLONGE - correct answer a document used to transfer the interest in a Note from one lender to another. APA (All Purpose Acknowledgment) - correct answer Shows that a notary public has established the identity of the signer(s) and witnessed the...

otary Signing Agent Questions and Answers 100% Verified 1003 - Uniform Residential Loan Application Standard form completed by borrowers when applying for a mortgage loan. A borrower lists all assets and liabilities on the form, also includes a section for income, including two years of employment history and monthly household income. ACKNOWLEDGEMENT Formal declaration before a public official that one has signed a document prior to recording real estate documents, such as grant deed...

1003 - Uniform Residential Loan Application - correct answerStandard form completed by borrowers when applying for a mortgage loan. A borrower lists all assets and liabilities on the form, also includes a section for income, including two years of employment history and monthly household income. ACKNOWLEDGEMENT - correct answerFormal declaration before a public official that one has signed a document prior to recording real estate documents, such as grant deeds and deeds of trust, a Notary Pu...

Notary Loan Signing Agent Terms Exam Questions With Complete Solutions ACKNOWLEDGEMENT - Answers -Formal declaration before a public official that one has signed a document AKA (also known as) - Answers -A person who is also known by other names ALLONGE - Answers -a document used to transfer the interest in a Note from one lender to another. APA (All Purpose Acknowledgment) - Answers -Shows that a notary public has established the identity of the signer(s) and witnessed the signature...

Define and describe "negotiation." negotiation is the transfer of an instrument in such form that the transferee becomes a holder requires both delivery and indorsement What are the two methods of negotiation? order instrument or a bearer instrument. Order Instrument contains the name of a payee capable of indorsing, as in "Pay to the order of Jamie Fowler. Bearer Instrument negotiated by delivery—that is, by transfer into another person's possession. Indorsement is not n...

restraint on alienation - ANSWER-Mortgage law prohibits enforcement of any trust deed provision which purports to restrict the owner's right to sell, lease or encumber their property, called a: due-on - ANSWER-Garn-St. Germain Federal Depository Institutions Act of 1982 (Garn) provides general guidelines for ____________ enforcement. mortgage-backed bonds - ANSWER-Garn-St. Germain Federal Depository Institutions Act of 1982 (Garn) provides general guidelines for ____________ enforcement. ...

Notary Loan Signing Agent Terms 2024 Exams With Answers 100% Verified ACKNOWLEDGEMENT - ANSWER- Formal declaration before a public official that one has signed a document AKA (also known as) - ANSWER- A person who is also known by other names ALLONGE - ANSWER- a document used to transfer the interest in a Note from one lender to another. APA (All Purpose Acknowledgment) - ANSWER- Shows that a notary public has established the identity of the signer(s) and witnessed the signature of a...