Examples of Closing Package in a sentence
When IHCDA determines that the closing package is complete and in compliance with Program requirements, IHCDA will change the status to reflect Closing Package Review “Approved” in IHCDA Online.
The title company is responsible for uploading the executed DPA Closing Package directly to ADOH / SOHAZ according to Escrow Instruction provided by ADOH by 4PM two days prior to the desired disbursement date of the transaction; in order to receive DPA funds and a Funding Authorization.
It is the lenders responsibility to generate the P2P DPA Closing Package and forward to the Closing Agent / Title Company.
The summary of uncorrected misstatements will contain uncorrected misstatements identified in the audited general-purpose financial statement summary and any additional uncorrected misstatements identified in the Closing Package.
An Arizona Department of Housing / Save Our Home AZ (ADOH / SOHAZ ) representative will send Escrow Instructions directly to the Title Company detailing information related to the return of the executed DPA Closing Package directly to ADOH / SOHAZ.
Wiring instructions for the return of funds are as follows: The DPA Closing Package only needs to be reproduced with a revised date if the transaction does not sign in the month the documents are dates.
Closing Package ReviewUpon receipt of a complete closing package, the RAD Closing Coordinator and HUD Field Counsel will review, provide comments, and work with you to finalize all required documents in order to close.
Agencies should determine what the General Fund activity represents and should reclassify it to the appropriate Closing Package Financial Statement line.
If IHCDA needs additional information or if the closing package is incomplete, the closing package will be considered “pended” and the status will show Closing Package Review “Incomplete” in IHSF.
The Closing Package consists of originally signed copies (originals) of the documents listed in Appendix F.