Mortgage Loan Disclosure definition
Examples of Mortgage Loan Disclosure in a sentence
In connection with this mortgage loan we are acting as your agent; and, unless our relationship involves a federally related mortgage loan, we will provide to you a Mortgage Loan Disclosure Statement within three days of application outlining certain specific terms and conditions of our relationship.
Mortgage Broker shall disclose the fee, if any, which it charges to any Consumer(s) in writing on the Mortgage Loan Disclosure Statement and Loan Estimate, and in accordance with all other applicable disclosure and other legal requirements.
In accordance with California law, you will provide your Borrower with a Mortgage Loan Disclosure Statement as required for 1-4 unit residential non-owner occupied loans (if subject property is a 1-4 unit residential property).
It is understood by BROKER that if the California Mortgage Loan Disclosure Statement (MLDS) is not signed by borrower disclosing BROKER Fees and Points charged, BROKER is not eligible to receive any commission as put forth by the California Bureau of Real Estate.
The terms of the LOAN and the charges BORROWER will pay for the LOAN, if obtained, are disclosed in the Mortgage Loan Disclosure Statement (which may include a Good Faith Estimate under federal law) and other disclosures given by COMPANY to BORROWER.