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Tag: document expiration

1 article tagged “document expiration”
Mortgage

The Paystub Was Current on Day 3: Tracking Document Age on a Mortgage File That Runs Longer Than Planned

Every credit document in a mortgage file has an age limit, and the limit is measured against a date nobody knows when the document arrives: the note date, or for FHA the disbursement date. When closing slips, documents that were fine go stale, and the file finds out at funding. A technical account of how our agents read each document's effective date, keep an expiry calendar against a closing date that moves, and request the refresh before the window shuts.

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