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TITLE COMPANY--Streamlined
and Simple Closing Instructions. |
| The mortgage broker
handling the loan will have contacted you to let you know that the Buyer
will be using MISSION BRANCH-HOME Grant. Prior to Closing, ideally 2
days, you will receive four (4) fax pages from HOME's office:
- Fax Cover
Page
- Title
Instructions
- Letter from
Seller
-
Contribution Receipt
Title
instructions will outline the exact steps that need to be taken to process
the grant, including how to complete the HUD1. The Seller Letter gives you
permission to distribute part of the proceeds from the sale of the property
to HOME as a marketing or service fee. The Contribution Receipt is
for the Seller's files and verifies that they did make a contribution to a
501(c)(3).
Completed
copies of all these items are to be mailed to HOME within 24 hours of
Closing.
If you have
any questions, please contact us.
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Step-by-Step
The process for Closing a home using
MISSION BRANCH-HOME Grant
is simple.
- Complete the HUD1 as indicated in the instructions.
- Have the Seller sign both the Seller Letter and the
Contribution Receipt.
- Give copies of the Seller Letter and the
Contribution Receipt to the Seller.
- Mail copies of the completed instructions, the two
forms, and either the wiring confirmation paperwork or
the cashiers check. Please mail the completed paperwork
to the following address:
MISSION BRANCH-HOME Grant
Processing Department
17616
East Temple Drive
Aurora, CO 80015
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After Closing, if
indicated, wire the funds.
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Forms
Here are samples of the
items included in the Title Instruction Packet.
Title Instructions
Seller Letter
Contribution Receipt
HUD1
Links
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903 S. Rifle Street,
Aurora, CO 80017
office 720.322.5480
Email: info@home-grant.org |
MISSION BRANCH-HOME Grant
MISSION BRANCH
is a federally recognized
501(c)(3) nonprofit organization that is
committed to maximizing the potential
of all people. MISSION BRANCH-HOME Grant
is a "branch" of MISSION BRANCH that is
committed to affordable housing. Referred to as
HOME
(Home Ownership and Mortgage Education), our
nonprofit accomplishes this mission in two ways:
Empowering
real estate industry professionals by providing education
and technology that enhances the experience of their
profession and their results.
Fostering home
ownership by providing down payment and closing cost
assistance to potential homeowners, investors, and those
who are committed to creating affordable housing
opportunities.
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