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#2021873 - 06/22/15 05:13 PM Loan Consummation
leo_bsayer Offline
Platinum Poster
Joined: Aug 2006
Posts: 645
In the state of Arkansas, is loan consummation when the borrower signs the note or when the loan proceeds are disbursed to the borrower?

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#2021936 - 06/22/15 06:50 PM Re: Loan Consummation leo_bsayer
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,400
Galveston, TX
The Eighth Circuit appears to say when the documents are signed.

http://media.ca8.uscourts.gov/opndir/03/03/021066P.pdf
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