GoDocs prepares loan closing documents for:
We plan to add commercial and industrial (C&I) loan documents to our product offerings in 2021.
Yes. GoDocs offers legally compliant documents for all fifty states.
GoDocs document packages include all of the loan closing documents and disclosures required for the specific transaction terms and and to satisfy each customer’s requirements. Every document package includes, at a minimum, the following documents:
We have a multitude of additional documents we can produce, depending on the terms of the transaction and customer preferences.
We don’t have an “off the shelf” sample document package. That’s because each set of GoDocs loan documents generated by our platform is assembled clause-by-clause, taking into account many factors, including each customer’s settings, preferences, type of loan, transaction terms, and property location. So it is literally impossible for us to provide a representative sample document package until we have set up our platform for a customer’s specific requirements.
Once a contract is in place and setup is complete, new customers may order a complimentary sample document package to their exact specifications.
Absolutely! We can satisfy most customer requirements with options already built into our system. If you require further customization or additional documents, we are happy to oblige.
Here is how that process works:
No, we don’t offer that option. For one thing, the task of encoding third party templates into our system would be monumental. Moreover, if we used your templates, you would not enjoy all of the incredible flexibility and capability to handle countless scenarios, that has been built into our platform over more than two decades of development.
But don’t worry, our platform and templates are so flexible that they can be customized to meet your requirements. We have never had a single customer whose requirements we could not satisfy through customization of our platform.
No. For one thing, we don’t have templates in the usual sense of the word. Each set of documents we prepare is assembled clause-by-clause for each transaction based on transaction terms, property location, and customer preferences. So it’s just not possible for us to create an “all-purpose” template.
No. GoDocs is a software company whose software generates documents on a per-transaction basis. GoDocs does not sell its software, documents, or document templates for reuse by customers, lenders, attorneys, or any other party. Our terms of service strictly forbid the use of any document prepared by GoDocs as a basis for preparing other documents or loan document packages on a transaction other than the specific transaction for which the documents were prepared. We vigorously enforce this prohibition to the fullest extent of the law. In addition to any other legal remedies, a $5,000 unauthorized use fee applies for each document prepared in violation of this prohibition.
We offer two support levels:
Document package prices are based on the loan amount, customer order volume, and other factors. Contact us for a pricing quote.
Our document packages include all documents needed by most customers for their typical loan transactions. We offer a number of additional documents and document customizations at an additional charge to accommodate more complex transactions.
For customers that frequently require additional documents or more complex transactions, we offer reduced price bundles that cover the most common additional charge items.
To get started click “sign up now” on the menu bar, and submit your basic information. We will send out our standard contract for e-signing. After the contract is signed, we will complete your setup – typically within three business days. At that point, you will be able to order document packages.
New customers are typically able to order loan documents within about three business days after our contract has been signed and automatic payment of the monthly subscription fees has been authorized. For customers who have a lot of special requirements, setup will take longer, but seldom more than a couple of weeks.
In a word, no. GoDocs follows stringent data security, business continuity, and other policies that are typically reviewed as part of the vendor vetting process. Our customers include many large institutions with strict vendor vetting requirements, and we have never once had a problem satisfying those requirements.
None – we have no minimum order requirement and no setup charges for the vast majority of customers. In rare cases where an extraordinary amount of customization is required, there may be a reasonable setup fee.
GoDocs is not a law firm and does not render legal advice to our customers.
We do, however, have a number of allied law firms that offer reasonable flat-rate legal services to GoDocs customers – no hourly charges and no surprises!
Highland Law Corporation is dedicated exclusively to providing flat-rate legal services to GoDocs customers in connection with loan transactions documented by GoDocs. Legal services offered include borrower entity document review, title review and title instructions, lender’s escrow closing instructions, survey review, custom drafting, and responding to borrower’s counsel comments.
Borrower entity document review, title review and title instructions, lender’s escrow closing instructions, and custom drafting can all be conveniently ordered from the GoDocs customer website.
In addition to Highland Law Corporation, GoDocs has arrangements with local counsel law firms in states which require local counsel review of mortgage loan documents. These firms provide local counsel review on an expedited basis at reasonable flat-rate fees.