The lender gets an assignment of collateral against the policy.Hope this helps.

I still look for bargain properties with equity and still active with my auction company, now all I do is Control and Roll for short term profit doing assignments and flipping real estate, houses and commercial buildings for real short term profit without obligation to settle using no money down formula called "check funds"  for down pmt, with disclosure out clause in my skinny contract agreement (one page). 

I have the credit card statements but not the receipts.

@Daniel VineisI have created an LLC where each member is assigned shares whereby in general there all In first position.  

@Willie Andrews I dont see any reason why you wouldnt be able to put a property under contract and assign it to her if she has the funds to buy it.

Today the title company sent the seller and me the HUD statement and the seller is claiming she never agreed to $2,000 towards closing.

This is assuming the mortgage applicants have:-Applicants operated the business for 2 years within the same business type-( E-commerce Retail Sales (LLC)) from same location-Applicants have 800 or above credit scores-Applicants can put down 20% or more-Applicants can provide Tax form 1065, bank statements, Letter Of Intent, etc-Applicants have Low debt to income ratioMany thanks for any information you can provide.

Create separate folders for receipts, invoices, bank and cc statements, PM statments, W-9's, leases, and closing documents. 

I've been able to automate things with the city i.e. taxes, utility bills, permits along with "case management" for assigning contractors for quick solutions. 

It allows you to move onTough love statement?