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Faxed Mortgage Loan Application

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With an emailed application that has been faxed in by the borrower, what are the compliance guidelines for the GFE and TIL?

The same as any other application. They must be delivered within 3 business days from receipt of the application.

2 disclosure exceptions I can think of:

1. HELOC - the plan disclosure should have been emailed with the application.

2. ARMS - the ARM disclosure should have been emailed with the application.

First published on 5/23/05

First published on 05/23/2005

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Filed under compliance as: 
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