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What Are the Closing Agents Responsibilities?

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What Are the Closing Agents Responsibilities?

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To qualify as a closing agent, you must be associated with a closing office that is registered with Nehemiah. For a Closing Office Registration form, visit our website at http://www.getdownpayment.com/lenders/closingAgents.asp or call Customer Service toll free at (877) 634-3642. Closing agents receive Nehemiah gift funds by wire-funds transfer through a registered closing office only. Nehemiah will not pay for any costs associated with wiring funds to Nehemiah. Such wiring costs, as well as other costs associated with the use of a closing office, must be negotiated between the homebuyer, seller, or lender. Further, each of the two gift funds request methods available to mortgage originators-the Standard Process and the Online Processing System (OPS) with a paperless feature option, has specific closing requirements, required documentation, and wiring instructions. The closing agent must receive the Nehemiah gift funds before the loan closes. Nehemiah will not honor gift funds requests

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