Lender Instructions for Private Party Loan

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Sorry if this isn't the right forum...

Title/Escrow is asking us to provide the interest rate or note and lender instructions for current deal. We utilize a private individual for loans. We've done two projects and have never had to provide this to escrow. They will simply draft a deed of trust.

The interest rate or note -- no big deal as we have that. But, not sure why they need it for deed of trust preparation.

Secondly, not sure what to do about lender instructions. Does anyone have a template handy for a private loan? What are the main elements we should include?

Thanks!

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Quote from @Scott Wolf:

Quote from @Account Closed:

Sorry if this isn't the right forum...

Title/Escrow is asking us to provide the interest rate or note and lender instructions for current deal. We utilize a private individual for loans. We've done two projects and have never had to provide this to escrow. They will simply draft a deed of trust.

The interest rate or note -- no big deal as we have that. But, not sure why they need it for deed of trust preparation.

Secondly, not sure what to do about lender instructions. Does anyone have a template handy for a private loan? What are the main elements we should include?

Thanks!

 Title may have a standard form they use.  I'd ask them first.

Will do! Same title company from last deal two months ago, so it's a bit surprising they want this now.