Loan Document Preparation and Review

Shanks & Associates provides nationwide residential closing document packages for all loan programs. Our document software interfaces with all Loan Origination Systems, which facilitates an efficient closing experience. Furthermore, all borrower and lender information is delivered via our secured document software.

 

Loan Documents in all 50 states

 

Shanks & Associates provides nationwide residential and commercial closing document packages for all loan programs. Our document software interfaces with all Loan Origination Systems, which facilitates an efficient closing experience. Furthermore, the loan document package is delivered via our secured document software. All loan documents are compliant in all 50 states and there is never a charge for redraws.

 

Texas Attorney Review

 

Shanks & Associates services include review of Texas loan documents. Texas lenders must have a licensed Texas attorney prepare and/or review legal documents affecting title to real property, including a deed, deed of trust, note, and transfer or release of lien. The lender’s loan document package is reviewed and a supplemental Texas document packaged is prepared.

 

Title commitment Review

 

Shanks & Associates performs a thorough review and analysis of the title commitment for each loan file, identifying exceptions, requirements, and other matters affecting title. Our review is designed to flag issues for lender attention and coordination with the title company prior to closing.

 

Ancillary Loan Document Preparation

 

• Subordination Agreements
• Preparation of Assignments
• Preparation of Allonges
• Texas Warranty Deeds
• Lien Releases
• Loan Modification Agreements
• Powers of Attorney
• Seller Financing Package
• Heirship affidavits
• Boundary line agreements

 

Additional Services

 

• Trust Review Opinion Letter
• eRecording
• Texas Home Equity pre-purchase review audit