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Paperwork You Will Sign (part 2)
Local laws and customs will determine whether or not other documents will be used in your closing process. Some contain information that by law you are required to receive. These documents may require your signature to verify that you have received, read, and understood the document. Below are some of the more common documents used.
Loan Application - Confirmation that information, such as your employment and marital status, that was given when you first applied for the loan has not changed.
Escrow Analysis - Lender provides a detailed itemization of the escrow account used in servicing your loan.
Tax Authorization - Gives permission to your local real estate taxing authority to send tax bills directly to your loan servicer so that payments may be made from loan's escrow account.
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