DOCUMENT NAME
DOCUMENT DESCRIPTION
Request copy from
Buyer has copy
Promissory
Note
Borrower's acknowledgement of
loan and promise to repay
Lender
Deed of Trust
Records lien and grants powers
to Trustee in case of default
Lender
Rider(s)
Adds additional loan terms/restrictions
Lender
Good Faith Estimate
Preliminary estimate of fees and funds needed
to close
Lender
Second Good Faith Estimate (if applicable)
Re-disclosure of estimated fees required if
there are major changes to the initial one
Lender
Truth in Lending Disclosure
Shows repayment schedule and total amount
you will have paid in the end
Lender
Three Day Right of Rescission (equity or refinance loans only)
Notice of borrower's right to cancel the transaction
during the 3 days after loan signing. (Not applicable in
purchase transaction)
Lender
Estimated HUD-1
Escrow agent's estimate of costs and funds
to be disbursed
Escrow Agent
Final HUD-1
Final accounting of costs and loan disbursement
of loan proceeds
Escrow Agent
Credit Report (not required to be provided to
Three-bureau credit report used by the lender
in the credit decision
Lender
Lock-in Agreement
Shows whether rate was locked
at application & if so, what the rate was
Lender
Servicing Disclosure
Discloses to the borrower whether
the lender intends to sell the loan
Lender
Insurance Disclosure (if applicable)
Discloses any insurance products
that were sold to the borrower in conjunction with the loan
Lender
Broker Disclosure (if applicable)
Broker's agreement to provide
a service and at what cost (Only applicable when broker
was used)
Broker
Affiliated Business Disclosure (if applicable)
Required when a service provider
refers the borrower to an entity the provider has beneficial
interest in.
Party that referred borrower to an affiliate
HOEPA Notice (required if fees exceed 8% of loan amount or rate
is 10% or more above Treasury yield)
Additional disclosure required
if the APR is more than 10% above the Treasury yield, OR
total fees are more than 8% of loan
Lender
Borrower Name:
