0770-04-02-.11
Loan Closing
Cite as Tenn. Comp. R. & Regs. 0770-04-02-.11
(1)
Loans using THDA bond proceeds shall be approved with requisite documentation in the manner provided in the
rules governing the THDA single family program.
(2)
Loans using funds from private lenders shall provide documents under this rule. Following the loan closing, the
administrator must send THDA copies of the following documents:
(a)
Note
(b)
Deed of Trust
(c)
Survey
(d)
Evidence of satisfaction of THDA Approval Commitment contingencies (if applicable)
(e)
Check for any prepaid interest
(f)
Certification or evidence of hazard insurance (copy of face of policy)
(g)
Certification of loan disbursement (VA—26—1876)
(h)
Title Insurance Policy or Final Title Opinion
(i)
Mortgage Insurance/Guaranty Certificate
(j)
Escrow check if Originating Agency does not perform servicing functions.
HOMEOWNERSHIP PROGRAM
CHAPTER 0770—4—2