Not Kathleen, but the requirement is for the notice to be provided to the customer and there are no exemptions as Kathleen stated.
Our loan officers hand the notice to the customer with the application when they apply for a loan to be secured by a first lien on a dwelling. A copy is retained in file to prove the notice was provided.
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It is better to act cautiously beforehand than to suffer afterward.
The answers I give are my opinions. Not legal advice.