Trust

In the case that a loan involves a Trust, Snapdocs will want the Trustees (signers) to come across as borrower objects, regardless of the shape of object in the LOS. In some cases, an LOS may have a separate set of objects for Trusts and the Parties of a trust and the mapping may not be 1:1 for borrower objects.

In the example, the Trust is a party to the loan with Alice Firsttimer as the primary borrower. Additionally, two other trustees are required to sign. The borrower object itself is under Alice, who is a Trustee and the first named Trust party. Perhaps she’s the grantor of the Trust, as well as its first Trustee.

When it comes to the actual signature lines, the logic between LOS and Doc Prep say that because Alice Firsttimer is the party on the loan, we’re using her normal name there (no signature_name) and then the Trustee details of the other two Trustees. Snapdocs mapping logic matches, such that my 1 borrower object + 3 trustees turns into 3 Snapdocs objects.

Snapdocs expected Borrower Object

Please note the signature_name fields on each borrower passed in.

  "borrowers": [
    {
      "first_name": "Alice",
      "last_name": "Firsttimer",
      "email": "[email protected]",
      "phone": "555 444 3333"
    },
    {
      "first_name": "Fred",
      "last_name": "Firsttimer",
      "email": "[email protected]",
      "phone": "555 444 8712",
      "signature_name": "Fred Firsttimer, Trustee of the Joe B Irrevocable Trust dated 1/1/2020"
    },
    {
      "first_name": "Sally",
      “middle_name”:”Signer”,
      "last_name": "Firsttimer",
      "email": “[email protected]",
      "phone": "555 444 7654",
      "signature_name": "Sally Signer Firsttimer, Trustee of the Joe B Irrevocable Trust dated 1/1/2020"
    },
  ]