Comment for 1002.13 - Information for Monitoring Purposes
But an application for both a temporary loan to finance construction of a dwelling and a permanent mortgage
- 1002 (Regulation B)
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But an application for both a temporary loan to finance construction of a dwelling and a permanent mortgage
The amounts disclosed on the alternative calculating cash to close table under the subheading “Loan Estimate
(32) If the property securing the covered loan or, in the case of an application, proposed to secure
If a covered loan or application includes a schedule with repayment periods measured in a unit of time
financial obligations during the relevant monthly period and the payments under the covered short-term loan
have affected payments and the loan balance at the end of each year during a 15-year period.
retained the report under § 1041.12(b)(1)(ii) and checked it again in connection with the new loan
1026.43(c)(2), a creditor must consider the consumer's payment obligation on any simultaneous loan
Construction loan inspection and handling fees.
application form or promissory note without mentioning the name of the creditor, such as by naming the loan
The information requested is not directly related to the borrower's mortgage loan account.
(ii) Fees for preparing loan-related documents, such as deeds, mortgages, and reconveyance or settlement
(xii) A statement that disclosure forms are available for the creditor's other variable-rate loan programs
(A) Make the loan or credit plan satisfy the requirements of 15 U.S.C. 1631-1651; or
(A) Make the loan or credit plan satisfy the requirements of 15 U.S.C. 1631-1651; or
(i) Each of the following assumed loan periods, as provided in appendix L of this part:
(B) The dollar amount disclosed pursuant to paragraph (f)(4) of this section, labeled “Loan Costs”;
(3) The email address and telephone number of the loan officer (labeled “Email” and “Phone,” respectively
(B) The dollar amount disclosed pursuant to paragraph (f)(4) of this section, labeled “Loan Costs”;
(i) Under the subheading “Loan Estimate,” the dollar amount “$0,” labeled “Closing Costs Paid Before
(i) Under the subheading “Loan Estimate,” the amount disclosed under § 1026.37(h)(1)(iv), labeled
(1) The institution of any action by the consumer in connection with the loan;
(ii) Must not exceed the following percentages of the amount of the outstanding loan balance prepaid:
(1) Registers as a loan originator through and obtains a unique identifier from the NMLSR, and
(i) Registers as a loan originator through and obtains a unique identifier from the NMLSR, and