AITD INFO SHEET
Call for any help with the info
Info needed to set up an AITD:
#1 LAST PAYMENT STUB
#2 ORIGINAL NOTE & ANY REFI NOTES OR 2ed'S, LIENS, ETC. PI PAYMENT
#3 CURRENT BALANCE
#4 DOWN PAYMENT
#5 NEW AITD AMOUNT
#6 NEW AITD INTEREST RATE
#7 NEW AITD TERM
#8 Title Search through Escrow
Info for both parties:
#1 SELLER, makes the last payment after close.
#2 Impounds go to the BUYER.
#3 Pre-payment penalty or not.
#4 Late payment 6% 10 days, Notice of Default
#5 Buyer, new insurance policy, before close of escrow. Seller is additionally insured, listed 1st on the policy.
#6 Neutral third party, yes or no. Distribution of payment.
#7 I am a Broker Arranger of Credit.
#8 Now the offer.