Residential Documents
PPDocs, Inc. offers solutions for all your residential mortgage document preparation
needs. Our primary business is the preparation of residential real estate loan closing
documents. As part of our service we review the title commitment and survey for
information that may be problematic. Having the correct documents for a transaction
is crucial, therefore we take every precaution to ensure that all your bases are
covered. We provide all documents that we feel are necessary to make the loan compliant,
PLUS any custom documents that you, the lender, request. We are the lender’s attorney,
not the borrower’s. Our main goal is to protect our clients by providing solid,
quality documents that provide maximum protection to our lender client.
With built-in auditing, validation and formatting, our online order form and our
internal application alerts users of information that is incorrect or questionable.
This is especially beneficial when ordering loans with complex characteristics,
such as a Texas home equity loan, where there is a 3% limit on fees and charges
and a 12 day waiting period between application and closing, or Section 32 high
cost loans.
Construction Documents
PPDocs, Inc. specializes in residential construction document preparation. Whether
it is a builder interim, a one-time closing or a construction-to-perm, we do what
most others firms cannot do. We also offer a Master Guidance Line product for builder
interim transactions that allow the principals of your large builder clients to
sign one set of documents.
Advantages
- fast turnaround - documents delivered in 1 - 2 hours
- competitively priced - transaction driven (request
pricing)
- highest quality - redundant quality control and compliance
What is the difference between express and traditional products?
Express products are those in which PPDocs, Inc. does not review the title commitment
or survey and is not responsible for incorrect input data or document selection.
Express products are available in seconds for downloading and printing. This is
recommended for the most advanced real estate professional or real estate attorney.
Advantages
- fastest turnaround - documents available in seconds
- least expensive - transaction driven ($25-$75)
- most control - user driven document selection
Express Initial Disclosures
Users have the ability to produce initial loan disclosure packages online. After
filling out the necessary information, the initial disclosures are available for
printing in seconds. This is beneficial for those disclosures that must be given
at the time of loan application. One such express disclosure is the ARM Program
Disclosure which must be given at the time of loan application or shortly thereafter.
You can create and save ARM Program Disclosures for immediate access on PPDocs.com.
We have also designed the
Mortgage Loan Disclosure Matrix. The matrix will allow you to determine which
disclosures are required for your transaction type and the time in which they must
be provided, a critical tool to help you stay in compliance.
Register now.
Express Closing Documents
Express Standard Package is designed for attorneys that do not wish to purchase,
develop or maintain a loan document system, PPDocs, Inc. provides a web-based solution.
With access to thousands of up-to-date documents, you are sure to find documents
to meet your needs. Used by title and real estate attorneys across Texas, our online
document preparation system has been proven to be fast, accurate and cost effective.
This product was developed especially for attorneys in need of a document preparation
system, but do not wish to maintain a massive document library. Express closing
documents are currently available for conventional purchase/refinance, FHA purchase/refinance,
VA purchase/refinance, Texas home equity.
Register now.
Express Legal Documents
Similar to our Standard Package product, only this option does not provide the entire
library of ancillary documents. Only Notes, Addendums, Deeds, Riders, Allonges and
Assignments are available with this product.
Register now.
Express Aggregate Escrow Disclosure
When the need arises to disclose to the borrower the calculations used to establish
the initial escrow account PPDocs.com can help. With our express Aggregate Escrow
Disclosure, you’ll get the Aggregate Escrow Account Disclosure Statement and the
Calculation of Escrow Adjustment Entry. Simply provide the principal and interest
amount with the taxes and insurance information, and let our system do the rest.
Register now.
Express Construction Documents
For clients who do not require assistance in preparing master construction loan
documents we provide an express product that saves the lender time and the borrower
money. If you are in need of a Master Residential Construction Loan Agreement, Guaranty
Agreement or Insurance Agreement this is the product for you.
Register now.
Samples by State
eRecording
PPDocs, Inc. has teamed up with industry leaders to facilitate the eRecording process
for lenders and title companies alike. Acting as an aggregator for the many counties
and vendors accepting eRecordings, we've eliminated the need to sign up with each
vendor for every county that you want to record documents
in. Register now.
Advantages
- turnaround - recording confirmation in hours, not weeks
- pricing - actual county recording fee + $10 convenience charge per document
Electronic Disclosure Delivery
Expanding upon our existing service, clients will now be able to email initial disclosures
to the borrower for review. The borrower will then be able to consent to receive
the disclosures, prove that they are capable of viewing a file in PDF format, and
easily electronically sign the disclosures online.
Register now.
Advantages
- turnaround - saves time by bypassing traditional mail services
- pricing - this is a free service!
- ease - fast and easy to use
Document Delivery Service
For organizations looking for a way to deliver their own documents (PDF, Word, or
PCL) to their customers, we offer a secure document delivery portal to do just that.
With security options, such as, password protection and challenge response questions,
along with delivery and download tracking, sending documents to your clients has
never been more reliable and less risky for your business. As an added feature,
we provide custom labeling with your firm’s logo and language to the delivery e-mails
and the download landing page at www.receivedocs.com.
Priced at an incredibly low $1.00 per delivery, it’s hard to justify not using this
service.