Frisco Texas Mortgage, Real Estate, Events, and more

You Don't Accept Electronic Signatures?

 

Let me get this right... FHA allows electronic signatures, but you still do not?

 

I could not believe it either when I heard back from an underwriter that the electronic signature on the sales contract was not valid to them. So, I had to go back to the Listing Agent and explain to them that in order to move forward I would need the sellers to sign all documents.

Well, you know how that conversation went... Sure, I could have switched lenders but the rate was already locked. Perhaps I do not deal with this lender enough and/or my percentage of 'electronic signatures' is low, but the condition on the loan caught me off guard.

Luckily, we are working with a great listing agent that is really understanding. I know there are only a small handful of lenders that do not accept the electronic signature. Now I know for next time. But come on lenders... FHA has stepped up, now its your turn. Get with the times!!

Do you work with a lender that still requires a real signature?

 

*********************************************************

Are you looking to purchase a Texas home?  Perhaps you love your Texas home but would be interested in refinancing your Texas mortgage to a lower interest rate?  

I'll help you get pre-approved for your Texas home loan and even suggest some very knowledgeable and professional Real Estate Agents in your area of choice.  If you are available to talk, I am available to listen.  Give me a call or visit my website for more details.

Do you want to know all of your mortgage options? Call me today and let's discuss them further.

Texas Home Loan Consultant

Always available for your Texas Mortgage and Home Loan needs!

John R Cannata    P#214.728.0449

NMLS # 322646

Texas Home Loan Expert

Frisco TX Mortgage

      

 

The views expressed on this site are mine alone and do not reflect the views of my employer.

Comment balloon 24 commentsJohn Cannata • May 21 2010 01:50AM
You Don't Accept Electronic Signatures?
share
Let me get this right… FHA allows electronic signatures, but you still do not? I could not believe it either when I heard back from an underwriter that the electronic signature on the sales contract was not valid to them. So… more
Eavesdropping on Your Clients (and Potential Clients) - A Couple of…
share
In case you did not catch the latest ActiveRain Newsletter, this post was featured in it. These are some great tips on searching for keywords in Google, Facebook, and Twitter. It seems that just about every decent restaurant these days has a.. more
Single Women Buying More Houses than Single Men
share
This was not a surpising number to me. Is it to you? 18% of homebuyers were single Female, in comparison to 8% being single Male. I was reading something very interesting today on the Profile of Texas Homebuyers and Sellers report that was… more
11 Steps For Getting Your Home Sold - Even In This Market!
share
I originally found this post because it was REblogged by Karen Otto. It has some great information, so I thought I would reblog it as well. Thanks for sharing Karen and thank you Michelle for the great information. 11 Steps For Getting Your Home… more