“DossDocs.com is a game changer for our business!”
“I have been a private money lender for a number of years and using DossDocs.com has made my life so much easier! Their customer service and the personal attention they offer is the best I have encountered.”
"DossDocs by Dennis Doss and his team put Dennis's vast expertise in the hard money loan business in these sets of loan documents that are comprehensive, customizable, affordable, and easy to use. Their support is superb. Highly recommended!"
“Doss Docs delivers a top tier experience synonymous with the Doss brand. It is comprehensive, intuitive to navigate, and easy to edit and share. No stone left unturned, the docs are ready to provide just the right content for whatever nuances and variations your loan terms may have. Finally, an affordable solution that doesn’t compromise on quality.”
“It used to cost over $1,000 and take 3 days from when we ordered loan docs to when we received them. Now, we can enter the loan information on DossDocs.com 24/7, and in 20 minutes, we can generate loan docs instantly for only $399!”
“Our mortgage company received a couple great deals in the morning and needed loan docs within a couple hours. We were able to get both deals done thanks to DossDocs. Well done on the instant loan doc service. We will definitely use DossDocs more often moving forward.”
“What was taking a minimum of 48 hours to generate loan docs can now be done in less than an hour with DossDocs. That’s “warp speed” in the lending world. Their document creation process is easy to use and very comprehensive with no redraw fee because you do the editing. If you have questions or need assistance during business hours, their staff will get right back to you. We’re proud to have added the DossDocs.com asset to our lending portfolio & highly recommend them.”
“Our company has been using Doss Docs for about a month now, and what a game changer it is. We used to have to wait 2-3 days for docs, and now we can have them in as little as an hour. The docs are much easier for the clients to understand. The fact that we can draw them ourselves, gives us for more leverage with the competing Hard Money market. Any questions we have had, have been answered immediately and the support team at Doss Docs has been amazing. We are so thankful to have found them, and highly recommend them to any potential companies.”
“Our family company of over 33 years now, have been using Doss Docs for our private money loans for just over 4 weeks now and WOW, talk about speeding up the process! Doss Docs are much easier to use than any other Doc system we have used to date – and we have used quite a few in our 3 decades of private money lending business. These Docs provide full coverage for a Private Lender, which is essential in our business. The Docs are not complicated and very easy to read and understand. Plus, if there are any questions or assistance needed, someone is there to help. The Doss Doc system is absolutely hands-down the private money Docs to use. No doubt about it!”
Full TRID compliant docs – including the LE and CD
DocuSign active on the Consumer Bridge Loan Estimate
11-month max term (11 months plus per diem interest period)
All federal and state disclosures for DRE and CFL licensees
Flexibility to put a lien on the existing home, new home or both
HOEPA compliance
3 Day Right to Cancel if placing a lien on the existing residence
All calculations performed – including APR and TIP
Special customizable escrow instructions to the purchase escrow
NMLS endorsement required
Ability to repay & credit not relevant
No prepayment penalties or guaranteed interest
Most are Section 32 = HUD counseling & no financing of soft fees
4%, 15-day late charge
No limitation on rates or points
Business Purpose Construction Loan Docs Features
Business purpose residential or commercial real estate
1 or 2 borrowers
1 or 2 properties in the same county
1st, 2nd, 3rd or 4th lien priority for each property
Borrowers can be natural persons, entities, trusts or any combination
Full signature blocks
Full closing instructions
Can be used by broker or lender, CFL, DRE, CRMLA, state licensed or exempt
Referral fee and co-broker options
Up to 4 guarantors
Fixed or adjustable rate provisions
Default rate option
Impounds option
Extension option with choice of conditions
Line of credit option
Mortgage Loan Disclosure Statement for every state
DocuSign active on all early disclosure documents
CFL disclosure for CFL lenders
Comprehensive loan agreement
Comprehensive guaranty
Comprehensive environmental indemnity for commercial loans
Holdback option
DSCR option
Capital reserve option
Debt service reserve option
Interest reserve option
Guaranteed interest option
Prepayment penalty option
Amortized or interest only
Business purpose certificate
Non-owner occupancy declaration
Choice of title endorsements
Ability to add custom clauses or addenda to closing instructions, note, security instrument and loan agreement
Up to 6 payoffs
Many, many varieties of lender and broker fees
Cannabis clauses
PACE and HERO clauses
Multi-lender or single lender friendly
Comprehensive entity consent, LLC, GP, Corp.
Certification of trust for trust borrowers
Broker Investor Package Features
50 States
Complete set of investor docs and disclosures for brokers
Lender/Purchaser Disclosure Statement (up to 10 investors)
Investor Questionnaire
Loan Sale and Servicing Agreement
IRS W-9.
The application generates a separate set for each investor
Business Purpose Loan Docs Features
Instant loan docs with unlimited, free redraws on the same transaction
50 state coverage (lender state governs choice of law except security instrument)
Secured by residential, multi-family or commercial real estate
Up to 2 borrowers of ANY type (full signature blocks, not blanks)
Up to 2 properties cross-collateralized within any state or between any two states
Up to 4 guarantors
1st or junior liens
Pre-Maturity Default Compensation Options
Reports Feature to save all of your data for any year end reports to regulators or for internal use
Balloon or amortized, up to 3 payment sequences
Fixed or adjustable (multiple benchmarks to choose from)
Closed-end or Line of Credit
Guaranteed Interest feature
Multiple prepay options such as 5-4-3-2-1 etc.
Full closing instructions with choice of endorsements, exceptions and title insurance amounts
Mortgage Loan Disclosure Statement, including new multi-state form (picks the right form and does all the math)
Interest reserves and holdback
Co-Broker and Referral Fees
Grace Period and Late Charge Percentages
Exit Fee feature
Appraisal Rebalance Option
“Bad Boy” Guaranty option
Special Purpose Entity (“SPE”) option
Non-Borrower Security Instrument Signer
Multitude of fees plus custom fees can be input
Ability to add custom clauses to note, security instrument, loan agreement and closing instructions
PACE and HERO clauses
Entity Authorization (Minutes)
Cannabis clauses
Extension options
Letter to senior lender for junior loans
Debt Service Coverage Ratio, Capital Reserve, Debt Service Reserve options
Full disclosures and common forms such as Loan Agreement, CFL, Fair Lending, Compliance Agreement, ECOA, Balloon Notice, Declaration of Non-Owner Occupancy, Business Purpose Declaration, Patriot Act, Arbitration, Environmental Indemnity (commercial), Trust Certification for trust loans