Rules & Regulations of the State of Tennessee
Title 0770 - Housing Development
Chapter 0770-04-02 - Homeownership Program
Section 0770-04-02-.11 - LOAN CLOSING
Universal Citation: TN Comp Rules and Regs 0770-04-02-.11
Current through September 24, 2024
(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.
Authority: Public Acts of 1986, Chapter 510.
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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