For loan applications taken after October 3, the lender is required to submit a Closing Disclosure to the borrower. Page 4 of the Closing Disclosure requires the real estate broker(s)’ license information. Therefore, you can expect to receive a request from the closing attorney or lender asking for your real estate license number and your real estate office code for each transaction. Both numbers are located on your pocket license card. On the card your license number is shown in the upper right-hand corner under the header “LICENSE NO:” Your office code is located in the upper left-hand corner under the header “OFFICE CODE:” These two numbers are required on all Closing Disclosures just as is similar information for the loan originator and closing attorney. I have attached a screen shot of the section for your review.
Today’s historical fact: When the legislature voted to move the capital from Charleston to the banks of the Congaree River the Charlestonians, attempting to ridicule the less sophisticated settlers in the upcountry, suggested the capital city be called the “Town of Refuge.” Senator John Gervais replied that he “hoped that the oppressed of every land might find refuge under the wings of Columbia.” By a vote of 11-7 in the Senate, the name Columbia prevailed over second choice Washington which had been suggested to honor George Washington. Columbia comes from the derivation of Columbiad meaning “having to do with Christopher Columbus”.
Have a great and hopefully dry weekend.
Photo by -Jeffrey- 