What is a Signature Affidavit?

Signature Affidavit is a document in which a person certifies that the signature provided is the true and correct signature used by the person. The person can enter into a contract using the signature provided. It is similar to providing a signature card when open a bank account.

This document is generally combined with the Name Affidavit. The Name and Signature Affidavit is usually part of the closing documents that are signed by the borrowers.

Purpose

The purpose of the Signature Affidavit is to provide a sample signature that can be used to establish if the borrower signed a document or not. This document is mainly for the protection of the lender.

Lender's Consideration

Reviewing the Document

When reviewing the document, verify the following:

1. The name of the borrower against which the signature is provided is correct.
2. The legal documents (Note, Deed, etc.) are signed using the same signature as in the Signature Affidavit.

Preparing the Affidavit

Signature Affidavit is generally prepared by the Docs department of the lender and sent to the borrower for signatures. Generally, the borrowers sign the document at the time of loan closing as part of the closing package.

Document Summary

Sample Documents

1. Sample Signature Affidavit
2. Sample Signature and Name Affidavit

Updated: Aug 11, 2013