Question
The borrower's name is listed as David M.Meyers throughout the documents but in fact his middle initial is actually N and M.What is the best
The borrower's name is listed as David M.Meyers throughout the documents but in fact his middle initial is actually N and M.What is the best way to handle this problem?
A.Cancel the signing and notify the loan officer to have the documents redrawn.
B.ignore the printed name and have the borrower sign his correct name.
C.Have the borrower sign as show on the document and tell him to ask his lender to fix it later
D.Call the loan officer to confirm the correction is OK without a redrawn of the document. If given the OK,have the borrower draw a single diagonal line through the error,write in the correct information and have the borrower initial the change.
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