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#972948 - 06/11/08 02:07 PM redisclosure of preliminary docs
stella Offline
Member
Joined: Nov 2006
Posts: 61
I have a question about rediclosing the TIL and GFE when you have a program change within 3 days of closing. Is it necessary? What if the program changes from a fixed product to a adjustable within 3 days of closing...is an ARM disclosure required?

Thanks!

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Lending Compliance
#972955 - 06/11/08 02:13 PM Re: redisclosure of preliminary docs stella
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,532
Bloomington, IN
A new GFE and ETIL would not be required, however you would have to provide the ARM disclosure.
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The opinions expressed are mine and they are not to be taken as legal advice.

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