Phrases with «mortgage disclosure»

Mortgage disclosure is when important information about a mortgage loan is provided to borrowers. This includes details about the loan terms, interest rate, fees, and other costs. It helps borrowers understand and compare different mortgage options before making a decision. Full definition

Related phrases

Sentences with «mortgage disclosure»

  • Many companies and individuals produce so few loans they are exempt from federal mortgage disclosures. (realtor.com)
  • Some of the most confusing mortgage disclosures are actually the least important ones. (themortgagereports.com)
  • Just before the close of 2015, the Consumer Financial Protection Bureau told bankers that they won't be held liable for most minor errors in loan processing and paperwork under new mortgage disclosure rules, known as the «Know Before You Owe» rule or TRID. (vermontrealtors.com)
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