Loading
Get Dcu Subordination Form
How it works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out the Dcu Subordination Form online
Filling out the Dcu Subordination Form online can seem daunting, but this guide will provide you with clear, step-by-step instructions to ensure a smooth process. By following these guidelines, you will be able to complete the form accurately and efficiently.
Follow the steps to successfully complete the Dcu Subordination Form
- Click 'Get Form' button to obtain the form and open it in your preferred editor.
- In part one, the lender must fill in their contact information, including the name of the contact person, company name, telephone number, and fax number. Ensure that all fields are accurately completed.
- The lender should also provide the borrower's name, member number, date of the request, anticipated closing date, and Federal Express number if applicable.
- Complete the property information fields, including the street address, city, state, zip code, and county where the property is registered, as well as the DCU Home Equity Book and Page numbers or the Instrument/Document number.
- Enter the new mortgage amount, subordination loan amount, and the date the home equity was opened. Additionally, provide the new combined loan-to-value percentage and the appraisal value with the date of the appraisal.
- In the section where the lender indicates the institution refinancing the mortgage, ensure accuracy, as this information is vital.
- The lender must now sign the form, confirming that the information provided is accurate and that they expect the Digital Federal Credit Union to rely on it.
- In part two, the borrower must authorize the withdrawal of the non-refundable $150 processing fee from their DCU account. This includes providing their member number and share number.
- Finally, the borrower needs to sign the form, indicating their consent and agreement.
- After completing both parts of the form, save your changes, and download the completed document. You may then either email, fax, bring, or mail the form with required documentation to the appropriate DCU location.
Complete your Dcu Subordination Form online today to initiate your subordination request.
To close your DCU account, contact customer service or visit a local branch. Make sure that all pending transactions are settled, and request any necessary forms, including the DCU Subordination Form if needed. Following these steps will ensure a smooth process, allowing you to officially close your account without issues.
Industry-leading security and compliance
US Legal Forms protects your data by complying with industry-specific security standards.
-
In businnes since 199725+ years providing professional legal documents.
-
Accredited businessGuarantees that a business meets BBB accreditation standards in the US and Canada.
-
Secured by BraintreeValidated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.