Real Estate and Mortgage Documents

***LAW RECENTLY PUT IN EFFECT: AB 1160, by Assemblyman Paul Fong (D-Cupertino), requires that mortgage loan documents be written in the same language the verbal negotiations were conducted in.***

Real Estate & Mortgage documents are binding contracts.

By translating your real estate and mortgage documents:

(a) you can be sure that you fully understand what you are signing
(b) you can avoid all sorts of legal difficulties that may arise from your not understanding what you’ve signed
(c) you will reduce your foreclosures which, in turn, will help you secure more loans from wholesale lenders.

At LA Translation, we do real estate and mortgage translations in Korean, Spanish, Chinese, Vietnamese, and Tagalog. LATI will provide foreign language document translation and interpretation services for Non-U.S. citizen’s foreign language employment, income and asset documents into English and U.S. standards. Call 213-368-0700 to ask for a quote or send an email to: info@latranslation.com.

The functionality in scope is:

Translate any12foreign language employment, income and asset document provided by Non-U.S. citizens into English
Interpret any foreign language employment, income and asset document in terms of U.S. mortgage loan decisioning practices
Provide financial insitutions with an understanding of the country/region specific methodology related to each document, since decisions will be made based upon the translation
Provide financial institutions with an understanding of the country/region specific business acumen associated with each document
Provide financial institutions with an understanding that we are comparing similar items on country/region specific documents based upon U.S. practices
Provide financial institutions with a means to obtain clarification of country/region specific translation information if requested

LATI translates and/or proofreads forms, notices, and any documentation related to:

MORTGAGE ORIGINATION

Commercial loan application
Residential loan application
Transmittal Summary
Balloon mortgage
Balloon Note
Fully Amortizing Mortgage
Fully Amortizing Note
Rental Property Addendum
Mortgage Addendum
Title Insurance
Credit report
Property appraisal
Survey
Satisfaction of mortgage
Tenant’s Estoppel Certificate
Mortgage Co-brokerage Agreement

PROPERTY TRANSFERS

Agreement for deed
Quit claim deed
Warranty deed
Real Estate Purchase Contract (for investors)
Option to buy

EXISTING MORTGAGE PURCHASES

Affidavit of payment history / Deed of Trust
Affidavit of mortgage payment history
Appraisal request
Partial Assignment of Note and Deed of Trust
Full Assignment of Note and Deed of Trust
Partial assignment of Note and Mortgage
Installment contract / Agreement for Deed / Partial Purchase Agreement
Full Assignment of Note and Mortgage
Partial Purchase Agreement / Note & Deed of Trust
Partial Purchase Agreement / Note & Mortgage
Full Purchase Agreement / Note & Deed of Trust
Full Purchase Agreement / Note & Mortgage
Estoppel Affidavit of Mortgagee
Estoppel Affidavit of Mortgagor

MORTGAGE FORECLOSURE (Lender & Legal Documents)

Notice of Non Payment
Lis Pendens form
Debt Collecting Statement (Fair Debt Collection Practices Act
Summons
Complaint
Affidavit in Support of Mortgage Indebtedness
Final judgment
Motion for relief from Automatic Stay or Adequate Protection

RENTAL PROPERTY MANAGEMENT

Property Manager Agreement
Rental application
Tenant’s Consent to Background and Reference Check
Form to Check Tenant References by Phone
Landlord’s Notice of claim on Security Deposit