In the first post on initial disclosures, there was a discussion of the Lender Estimate (“LE”). In this post, part 2 of 3, this is a discussion of the other …
Tag: Truth-in-Lending
Lender Estimates – (Initial Disclosure LE – Part 1 of 3)
As part of the application process, a lender must provide a Lender Estimate (“LE”) and a Truth-in-Lending (“TIL”) statement within 3 days of a loan application. Often there is confusion …
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