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Doesn't happen around here at all
Paul S. Henderson, RE...
We own a mortgage brokerage and attend every closing we can. It's important to help our borrowers feel as comfortable as possible.
I let all lenders know that I like them there and many do show up
Most lenders attend closings, I find.
Most lenders attend closings in my area.
In my area lenders never attend any closings(only if escrow and lender in the same building/office).
Good morning Sally. In my practice I attend no closings, but all clients know how to get in touch with in case there was ever a problem, will also call them later in the day or the following day.
My lender always shows up, even to those closings that my agent misses.
Absolutely. That's one of the reasons that they are recommended.
Yes, they certainly do...and if they don't, they quickly lose their "recommended lender" status!
Some do, but it isn't the custom.
My prefered lender or his partner/son always attend every single closing. I love using them as it is just another reassurance for my clients as well.
No, haven't seen that in California or Hawaii. I don't go either. In fact, most of my clients are out-of-towners. Escrow makes arrangements for everyone's signature one way or the other. Closing day means everything is done.
Yes...my favorite lenders are there for the closing.
One of the lenders I used in Florida always attended closings but she is the only one that I have known that routinely does that.
Most lenders in this area attend the closing for their clients loan
Usually not but a few of them do drop by to bring a little gift. It is good PR.
Someone from the bank or representing the bank is usually at our closings...
Some loan offocers attend closings without even being asked. There should be no last minute changes, so it's not mandatory for loan officer to be present.
Sally & David,
They do on occasion, especially since I don’t close the last couple of days of the month. Doesn’t matter to me either way.
For the most part yes. I usually never had any problems with them not being there, though there was one time where there was a minor issue that the lender was able to fix right there at the table. I was glad he was there that time.
Somes yes, some no. It depends on their schedule.
no, they've done their job...no need for them to be there...all of our clients have their own attorneys...no need for us to go either....
I haven'tbut when they do come I think it is a good thing.
Only the lender that the buyer is using attends.
I ask all of them to attend. Some do and some don't. Hard to refer when you don't see the job to the finish.
I normally do if the lender is in the area and I think something is going to come up. Most of the time, they do not attend in our area.
My "preferred" lender does attend our mutual closings. The only exception has been one that sort of "came together" with last minute changes and he could not get out of his office in time to attend. I'm always happy that he is at the table to answer questions or assist with paperwork errors at that critical moment.
For the good ones you don't have to recommend, they are always there.
My favorite recommended lender always attends, unless he is out of town.
Only if the closing is a difficult one. I appreciate it when they do so without being asked.
They do as much as possible. But I've seen lenders whom the buyer selected and whom I didn't know also show up.
Good morning Sally David. Plus the closings here are handled by title attorneys.
No, our esrow closings are 99+% electronic now.