§ 1026.35 Requirements for higher-priced mortgage loans.
disclose the following statement, in writing, to a consumer who applies for a higher-priced mortgage loan
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
disclose the following statement, in writing, to a consumer who applies for a higher-priced mortgage loan
If the loan term, as defined under paragraph (a)(8) of this section, may increase based on an interest
The amount of all loan costs determined under paragraph (f) of this section and other costs determined
Some lenders sell a product or service - such as credit, property, or health insurance - as part of a loan
A creditor does not structure a transaction in violation of § 1026.34(b) when a loan to finance
Referring a consumer to any person who participates in the origination process as a loan originator.
the following charges should be itemized separately: compensation paid directly by a consumer to a loan
Assume that loan costs that are designated borrower-paid at or before closing and that are part of the
forecloses on the property and the proceeds of the foreclosure sale are less than the unpaid balance on the loan
If the loan has an adjustable rate under which the regular periodic payments may increase after consummation
(ii) When a multiple-advance loan to finance the construction of a dwelling may be permanently financed
mortgage product offered will eliminate debt or result in a waiver or forgiveness of a consumer's existing loan
the periods for which they will apply are not known at consummation, the creditor shall disclose the loan
and the periods for which they will apply are known at consummation, the creditor shall disclose the loan
not scheduled between specified unit-periods on a regular basis, the creditor shall disclose that the loan
abbreviation “APR” and expressed as a percentage, and the following statement: “Your costs over the loan
(i) For a transaction subject to § 1026.19(e) that is a federally related mortgage loan, as defined
abbreviation “APR” and expressed as a percentage, and the following statement: “Your costs over the loan
(i) If there was an appraisal of the property in connection with the loan, the creditor is required to
(i) For a transaction subject to § 1026.19(f) that is a federally related mortgage loan, as defined
determined at the time of consummation, and the maximum margin that can apply at any time during the loan
consider, taking into account any mortgage-related obligations, a consumer's payment on a simultaneous loan
The loan originator's overall dollar volume (i.e., total dollar amount of credit extended or total number
1026.36(e)(3) for additional guidance on what constitutes a “significant number of creditors with which a loan
The loan is recast on the due date of the 24th monthly payment, which is March 1, 2016.