6 Miss. Code. R. 11-3.18 - Loan Closing
A. Based upon the
terms and conditions established by MDA, MDA will have all security and loan
documents, including but not limited to the loan agreement and promissory note,
prepared by outside counsel. Prior to disbursement of any funds, all loan
documents must be fully executed.
B. The borrower will also be responsible for
paying for all costs associated with the closing of the loan, including
document preparation, attorney's fees, title searches and filing
fees.
Notes
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