> For the complete documentation index, see [llms.txt](https://underwriting.homium.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://underwriting.homium.io/closing-legal-document/special-purpose-legal-documents/requirements-for-use-of-power-of-attorney.md).

# Requirements for Use of Power of Attorney

Overview

A power of attorney (POA) is a legal document giving one person (described below as the “agent”) the power to legally bind another person. Loans with documentation executed by an agent on behalf of the borrower under a POA are eligible for a Homium mortgage if all requirements referenced in these Underwriting Guidelines are met. 

When title to mortgaged property is held by a trustee under an inter vivos  revocable trust, loan documentation may not be executed using a POA granted by such trustee unless, 

* the related trust instrument expressly authorizes the trustee to use a POA to delegate powers to an agent, or 

the agent under the POA is the borrower creating such inter vivos revocable trust.