At MyVaTeam Assistant Services, we offer all administrative support needed to complete the mortgage closing process. We focus on compliance and efficient service and will prepare and review all closing documents and statements, plus we will be the primary liaison with the agent.
Collection of Closing Documents
We will provide assistance in gathering all necessary closing documents, including title, insurance, appraisal, and inspection report forms. We will collect the necessary documentation if a property requires special consideration, such as flood, termites, or sewer issues.
Property Title Review
We will review all legal records of the property, including outstanding lawsuits, taxes, and liens. We will consider any necessary exclusions or easements and after review, will organize the information to ensure a smooth closing.
We provide loan clearing assistance as follows:
Preparation of Closing Instructions Statement
After review of all title documents, we provide a final loan application review to uncover any last inconsistent information. Finally, we prepare the closing instructions statement and send it to the appropriate parties with the required complementary documentation.
Working with Settlement Companies
We will provide the following services to work alongside settlement companies:
Lender Mortgage Closing Document Assistance
We follow the direction of state and federal law in assisting lenders with closing documents. We confirm that closing disclosure information is sent three business days before loan documents are signed. We also guarantee that all closing timelines are met and adhered to.
Closing Service Steps:
Our End-To-End Mortgage Closing Services
As part of the pre-closing audit, we validate purchase offer, finances, and home inspection approval, to ensure there are no unnecessary closing delays.
Our next steps include:
Down Payment and Closing Costs
We work with the bank on your behalf to secure details of the down payment and closing costs. We will provide all accurate borrower information in order to facilitate a quick response.
Payoff Statement Review
We will review the borrower’s payoff statement to validate all financial details, and to ensure that all information is correct to avoid future problems.
HUD Statement Preparation
We ensure that the HUD Settlement Statement correctly states all buyer charges and that the final version is approved by both the lender and the buyer’s attorney.If further information is necessary, we will assist in the information collection while ensuring appropriate compliance.
Pre-closing audit includes review of the following: