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The borrower's certification and authorization also authorizes the lender to share information in the loan application with other parties. It also gives the lender the right to verify information in the loan application, credit application, and employment history.
This borrower-signed document gives the lender blanket authorization to request the information needed to document the borrower's creditworthiness.
The borrower's certification and authorization also authorizes the lender to share information in the loan application with other parties. It also gives the lender the right to verify information in the loan application, credit application, and employment history.
Summary. This certificate of borrower (limited liability company) is a form of officer's certificate delivered by a borrower (that is organized as a limited liability company) to the lender at the closing of an acquisition loan transaction. This template includes practical guidance and drafting notes.
Such information includes, but is not limited to, employment history and income, account balances, credit history, copies of income tax returns, rent history, utility payments, phone payments and cable payments, payoff requests, and verification of mortgage.