What is a "Title Stipulation"?

A title stipulation typically arises because (a) Sunlight cannot pull a title record for the property address, (b) the customer's name does not appear on title for the property, or (c) the customer’s name on the application does not match the name on the title. 

Sunlight utilizes CoreLogic® to search property ownership records to confirm title to a property automatically at the time of the credit application. If the title search result is unsuccessful, a stipulation will be placed on the customer’s Salesforce® record. 

Title Stipulation Resource Page

There are multiple types of title stipulations:

• TTL means a CoreLogic® report was found but the name of the owner does not match the customer’s name.
• TTN means no CoreLogic® report was located for the property. 
• LLC means the CoreLogic® reports show the property to be owned by a limited liability company (“LLC”) or corporation.

How do I clear this stipulation?

• Verify with the customer that they are on title to the property and that the correct address was provided on their credit application. At least one customer must be on title to the installation property. 
• Inform the customer that they must either upload one of the acceptable documents below in Orange or upload one of the acceptable documents below directly through Sunlight’s secure upload portal using the stipulation email they received.

Acceptable documents: 

• Grant Deed
• Warranty Deed
• Special Warranty Deed
• Quit Claim Deed
• Transfer Deed
• Gift Deed
• Bargain and Sale Deed
• An official county letter that confirms the customer is on title of the property as well as the full legal property address
• Mortgage statement** (must be dated within 60 days of credit application, reflect at least one borrower and the installation address, and the mortgage cannot show as delinquent)
• Deed of trust (must be dated within 60 days of credit application)
• Unrecorded deed and all pages of a fully executed and signed closing disclosure (only for new home purchases within last 60 days of credit application)

* The deed MUST have the county recording stamp affixed to be official and confirm ownership.

**Mortgage statements may require additional documentation based on the property information available in county property records.   

Unacceptable documents: 

• Closing or mortgage documents that are older than 60 days 
• Life estate
• Any of the deeds listed above without a recording stamp
  • A deed without the recording stamp means that it has not been recorded with the county. Though public records can take time to update, the recording stamp shows that it has been entered into official public record.

Need more help?

• Contact the Sunlight Financial Support line at 888-850-3359 for further clarification or assistance if needed. 
• A Sunlight Financial Support representative may advise on one of the following: 
  • The customer is not on title, but title is held by a relative, such as a spouse or parent. Either the title holder (spouse or parent) must apply for the loan or the applicant must be added to title to move forward. 
  • The legal address of the property is incorrect. Sunlight Financial Support will update the address in Orange. Follow the steps in How do I resend Loan Documents?
  • The customer’s name provided on their credit application does not match the customer’s name on their title. Sunlight Financial Support will verify the customer's legal name and request any additional documentation as needed (such as a government-issued ID).
  • The customer is not on title. The customer would need to produce a deed to support that the customer owns the home. This is most common after a recent purchase, as public records can take up to 90 days to update in some counties.