Sideoftheroad Posted August 19, 2011 #1 Posted August 19, 2011 I am closing on a mortgage refinance tomorrow. Just got a voicemail from a notary stating part of the documentation is a front/back copy of our driver's license. I am reluctant to give out this personal information. Anyone have any ideas why a notary would need this to refinance a mortgage?
mini-muffin Posted August 19, 2011 #2 Posted August 19, 2011 I make copies of the drivers license of those I notarize for as a form of ID. I work at a dealership and we need to notarize for financing and DMV. So I'd take it that's what this is for. Margaret
Guest scarylarry Posted August 19, 2011 #4 Posted August 19, 2011 I have done a few refi's and they did make a copy there at the closing attorney's office but that was it.. Never had anyone call me on one...
Sideoftheroad Posted August 19, 2011 Author #5 Posted August 19, 2011 In this case since I am going through the same company I already have the mortgage through which I think it has made the process easier. Nobody's office or anything like that to go do. Done it all from home and thanks to the law about accepting electronic signatures I get emails w/ the documentation, send it back to our lender and the notary is coming to our house for closing. I called the notary back and asked why he needed it. He said he doesn't, he has a list of instructions from the lender. He said he doesn't care whether he gets it or not, but suggested to contact the lender about my concerns to see if they really do need it. Not sure why they would since I am going through the same lender. Thanks to Bob and Ruth for their information. It did ease my mind on providing the documentation. Ruth had a good thought for the future which was to contact the bmv to see if I can get strictly a picture id w/ no information on it for purposes just like this. Bob and I have a slight difference in opinion on identity theft so I am going to start another thread to see what other people think.
Sideoftheroad Posted August 19, 2011 Author #6 Posted August 19, 2011 Hey Bob. Just got on the Indiana DMV site. Says you cannot have an ID card and driver's license at the same time. Not sure why not. Weird.
SC89Venture Posted August 19, 2011 #8 Posted August 19, 2011 I would think since you are doing a refi they already have all your personal information that was out there. Maybe even your elementary school record!!
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