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Get the free MORTGAGE LOAN DISCLOSURE STATEMENT - PFI Financial Inc. A RE 882

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PCI Financial Inc, NLS# 241064 STATE OF CALIFORNIA DEPARTMENT OF REAL ESTATE Page 1 of 3 Providing Service, Protecting You MORTGAGE LOAN DISCLOSURE STATEMENT (TRADITIONAL) RE 882 (Rev. 10/10) BORROWER
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How to fill out mortgage loan disclosure statement:

01
Start by carefully reading the instructions provided with the mortgage loan disclosure statement. Familiarize yourself with the required information and sections that need to be completed.
02
Begin by filling out the borrower's information, including name, contact details, and Social Security number. Provide accurate and current information to ensure all parties involved have the correct details.
03
Fill in the details of the property being financed. Include the address, property type, and any other relevant information that may be requested. This will help identify the specific loan being disclosed.
04
Provide comprehensive information about the loan terms and conditions. This may include the loan amount, interest rate, repayment period, and any associated fees or charges. Carefully review the loan agreement to ensure accurate representation of terms.
05
Disclose any adjustable rate information if applicable. This includes providing details about the adjustable rate period, index used for calculations, and information about interest rate caps or limitations.
06
Include any escrow information if necessary. This typically involves providing details about property taxes, insurance premiums, and other funds that will be held in escrow for the duration of the loan.
07
Review the completed mortgage loan disclosure statement for accuracy and completeness. Double-check all the provided information to ensure it matches the loan agreement and other relevant documents.

Who needs mortgage loan disclosure statement?

01
Individuals applying for a mortgage loan need a mortgage loan disclosure statement. This includes prospective homeowners or property buyers seeking financing for their properties.
02
Lenders or financial institutions providing mortgage loans also require a mortgage loan disclosure statement. This document ensures transparency and compliance with legal requirements.
03
Mortgage brokers or loan officers involved in facilitating the mortgage loan process may also need a mortgage loan disclosure statement. It helps them provide accurate and complete information to borrowers and lenders.
Note: It is important to consult with a legal or financial professional for specific guidance when filling out a mortgage loan disclosure statement, as requirements may vary based on jurisdiction and individual circumstances.
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The mortgage loan disclosure statement is a document that provides important information about a mortgage loan, including interest rates, fees, and terms.
Lenders and financial institutions are required to file the mortgage loan disclosure statement.
To fill out the mortgage loan disclosure statement, you will need to provide accurate and detailed information about the terms of the loan.
The purpose of the mortgage loan disclosure statement is to ensure that borrowers have all the necessary information about a loan before agreeing to it.
Information such as interest rates, fees, terms, and any other relevant details about the loan must be reported on the mortgage loan disclosure statement.
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