§ 1026.47 Content of disclosures.
(viii) The maximum monthly payment based on the maximum rate of interest for the loan or, if a maximum
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
(viii) The maximum monthly payment based on the maximum rate of interest for the loan or, if a maximum
A 36-month auto loan might be consummated on June 8 with payments due on July 1 and the first of each
Thus in the examples where the creditor derives the net amount of credit by determining a principal loan
It may include, for example, an unpaid balance on a prior loan, a credit sale balance or other amounts
a waiver of the seven-business-day waiting period (which would end on Tuesday, June 9) so that the loan
an ownership interest as a joint tenant or tenant by the entirety in a property securing a mortgage loan
(v) the maximum prepayment penalty that may be charged or collected under the terms of the mortgage loan
K to the regulation to determine the effect certain disposition costs may have on the total annual loan
interest rate or any other fees payable by the consumer in connection with the higher-priced mortgage loan
the consumer's financial characteristics in offer or counter-offer situations, provided that only a loan
compensation, respectively, are based on the terms of multiple transactions by multiple individual loan
Provided the violation was unforeseen, the rule is not violated if the individual loan originator's compensation
If the addresses of all properties securing the transaction do not fit in the space allocated on the Loan
The prohibition on changes to the rates and terms of the loan applies to changes that affect those terms
consumer if he/she has received this income for the past two years, and documentation submitted for the loan
physically located in each MSA and each MD, a written notice that clearly conveys that the institution's loan
Section 1003.3(c)(1) provides that a closed-end mortgage loan or an open-end line of credit originated
the construction financing and the permanent financing may have separate closings, providing separate Loan
The exclusion for bona fide third-party charges not retained by the creditor, loan originator, or an
To the extent known by the creditor at the time of delivery of the Loan Estimate, specific seller credits
the consumer will have paid after making all payments of principal, interest, mortgage insurance, and loan
adjustment cap that may limit how quickly the fully indexed rate may be reached at any time during the loan
Assume an adjustable-rate mortgage in the amount of $200,000 with a 30-year loan term.
In considering a mortgage-related obligation that is not paid monthly, if the mortgage loan is originated
Assume an adjustable-rate mortgage in the amount of $200,000 with a 30-year loan term.