47
ITEMS PERFORMED BY LENDER
ITEMS PERFORMED BY TICOR:
Loan Estimate Delivered to Consumer
Lender Logs on to
customer.ticortitle.comto obtain
title/escrow fees and sends Loan Estimate to Consumer
Lender Approves Loan
Instructions & CD to Escrow
Lender sends Lender Instructions and
Closing Disclosure to Escrow
Lender Reviews & Delivers CD to Consumer
Lender makes corrections to Closing Disclosure and
sends to buyer for signature
CD Delivery Period Begins
Lender Funds
Lender Reviews Executed Loan Documents & Funds
Order Received
Send escrow number to lender and order
preliminary title report
Title Report
Preliminary Title Report received, reviewed and
delivered to all parties
Payoffs/Liens
Payoffs/Liens ordered
Escrow Reviews CD
Escrow reviews Closing Disclosure and sends any
corrections to Lender within 24 hours
Seller’s CD Sent
Closing Disclosure delivered to Seller
Sellers Sign Documents
Sellers called in for signing
CD Approved
Escrow receives confirmation that Closing
Disclosure has been approved
Loan Docs Received
Escrow receives loan documents and Buyers
are called in for Consummation
Buyer Signs
Buyer signs Loan Documents
Docs to Lender
Executed Documents are sent back to Lender
Balance File
Escrow balances file and verifies all
funds are received
File Records
Documents recorded
Closing Statements
Final Closing Statements are prepared and
sent out to the Lender and all parties
Policy Issued
Final Homeowner’s Title Policy issued
and sent to Buyer and Lender
Escrow Instructions to
Consumers
Escrow Instructions & documents are
prepared and sent to Consumers
Send Purchase Contract & Completed Loan
Application to Lender
Open Escrow/Title order with Ticor Title,
Submit Contract & Buyers Earnest Money
ESCROW
CLOSED
REALTOR
PURCHASE TITLE / ESCROW ORDER WORKFLOW




