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#1088386 - 11/26/08 03:57 PM TILA Disclosure on Denied Loan
Fallgirl Offline
Gold Star
Joined: Mar 2005
Posts: 432
We have a customer requesting a loan to purchase a home. The original request was a husband and wife as joint borrowers, that request was denied. The husband applied a second time with a different co-signor and was denied again. He applied a third time with another co-signor and was once again denied. Do we need to provide a TILA for all three loan requests? The denial came more than 3 days after the applications were received.

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Lending Compliance
#1088393 - 11/26/08 04:01 PM Re: TILA Disclosure on Denied Loan Fallgirl
Skittles Offline
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Joined: Sep 2002
Posts: 13,965
You have three separate applications so if the loans were not denied within the 3 day period there should be 3 early TILs.
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