1. POWER OF ATTORNEY
September 1, 2017

2. POWER OF ATTORNEY
Power of Attorney (POA) must be specific to the transaction
POA must include the borrower name, property Address and loan amount
The POA must be fully executed and notarized
POA is not allowed on cash-out refinance transactions
Planet Home Lending will allow the use of a General Power of Attorney (GPOA) on an exception basis to:
Active duty military personnel, or
Individuals with a documented medical condition

3. POWER OF ATTORNEY
A POA is allowed for closing only; it cannot be used for the execution of the initial application and disclosures. The borrower must sign the application and disclosures
The POA must be recorded along with the mortgage/deed of trust.
For any other extenuating circumstances, Planet Home Lending prior approval is required.