§ 1024.6 Special information booklet at time of loan application.
(iv) Any other federally related mortgage loan whose purpose is not the purchase of a 1- to 4-family
- 1024 (Regulation X)
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(iv) Any other federally related mortgage loan whose purpose is not the purchase of a 1- to 4-family
Provides sufficient detail to the servicer regarding information relating to the servicing of the mortgage loan
A creditor requires a minority applicant to provide greater documentation to obtain a loan than a similarly
(ix) An explanation of how the consumer may calculate the payments for the loan amount to be borrowed
distribution, and analysis of information common for the processing or underwriting of a residential mortgage loan
(ii) The terms of repayment, which reflect the repayment obligations over the full term of the loan,
(2) The loan documents that must include the names and NMLSR IDs pursuant to paragraph (g)(1) of this
(iv) A statement that, if the loan is sold, the new creditor, using the term “lender,” may have a different
dollar amounts required to be disclosed by paragraphs (e) and (i) of this section under the subheading “Loan
identifying the consumer's status as a debtor in bankruptcy or the discharged status of the mortgage loan
statement that if the consumer files for bankruptcy, the consumer may still be required to pay back the loan
statement that if the consumer files for bankruptcy, the consumer may still be required to pay back the loan
identifying which employees of the covered financial institution are required to be registered mortgage loan
(i) Presenting for consideration by a borrower or prospective borrower particular loan terms, whether
If the loan has more than one payment level, the regular payment for each level must be disclosed.
The income does not qualify if the loan closes more than 60 days before the consumer starts the new job
(iv) Loan identification information.
General rule for loan payments.
A lender who makes a mortgage loan or a servicer shall be considered to have complied with the provisions
Provisional registration and registration of information system while loan is outstanding.
needed to amortize fully the outstanding balance at the new interest rate over the remainder of the loan
needed to amortize fully the outstanding balance at the new interest rate over the remainder of the loan
projected total cost of credit should not reflect contingent payments in which a credit to the outstanding loan
Nationwide Mortgage Licensing System and Registry (NMLSR ID) number for each creditor, mortgage broker, and loan
single-statement exemption in § 1026.41(e)(5)(iv)(B) might apply more than once over the life of a loan