Post-closing documentation, or the collection of trailing documents, is one of the final steps for the borrower. Documents include (but are not limited to):
• Deeds of trust
• Title policies/addendums
• Private mortgage insurance policies
• Homeowner insurance/hazard insurance policies
• Closing disclosures
• Mortgage insurance certifications from FHA
For Mortgage Professionals
Lenders selling loans on the secondary market must complete this step and fulfill investor obligations in order to complete the transaction.
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