BCL of Texas recognizes title companies approved through the City of Dallas DHAP program. Existing approved title companies will be accepted for participation.

Title companies must:

• Coordinate closing with lender and BCL
• Review and incorporate DHAP second-lien documents
• Ensure proper execution of all closing documents
• Record all required lien documents
• Disburse funds according to approved instructions

REQUIRED DOCUMENTS

Title companies will work with:

• Closing Disclosure (CD)
• Settlement Statement
• Title commitment and final policy
• BCL second-lien documents

FUNDING & CLOSING REQUIREMENTS

Prior to funding:

• All conditions must be cleared
• Documents must be fully executed
• No borrower cash back is allowed
• Final approval must be issued by BCL

1. Receive closing package from BCL
2. Coordinate closing date with all parties
3. Execute documents
4. Record lien documents
5. Disburse funds

• BCL of Texas provides final funding authorization
• No funds may be disbursed without BCL approval
• All documents must be recorded in accordance with program requirements