Power of Attorney
A power of attorney is a legal document that authorizes someone to sign mortgage and closing paperwork on another person's behalf.
What Power of Attorney means
Lenders accept a power of attorney when a borrower cannot attend closing, such as a deployed service member or someone out of state. The POA must usually be specific to the transaction, recorded with the deed. Approved by the lender and title company in advance. A general POA is often rejected for mortgages.
Florida example
A VA borrower stationed overseas used a specific power of attorney so a spouse in Jacksonville could sign the closing documents. The title company confirmed the POA language and recorded it alongside the mortgage.
What it is
A power of attorney lets someone sign documents on your behalf. In a home purchase, it can allow a trusted person to close for you.
The lender and title company must approve it first.
When it helps
A power of attorney is useful if you are deployed, traveling, or otherwise unable to attend closing. It keeps the deal on track.
We coordinate this with your closing team. Apply now and we will make remote closing work.
Related program: Learn more →
Verify the details for your own situation against these government and agency sources: CFPB Owning a Home guide and HUD homebuyer resources.