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CALIFORNIACOMPARISON OF SAMPLE MORTGAGE FEATURES: TYPICAL MORTGAGE TRANSACTION Pursuant to Cal. Code Reg's. Tit. 10, 1436(d)(1); 1950.314.8(d)(1).(Note to borrower: The information below provides

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What is comparison of sample mortgage?

Comparison of sample mortgage is a document that outlines the different mortgage options available to a borrower, allowing them to compare and choose the best one.

Who is required to file comparison of sample mortgage?

Lenders and mortgage brokers are required to provide borrowers with a comparison of sample mortgage when discussing mortgage options.

How to fill out comparison of sample mortgage?

To fill out a comparison of sample mortgage, the lender or broker must list the different mortgage options available, including interest rates, fees, and terms.

What is the purpose of comparison of sample mortgage?

The purpose of comparison of sample mortgage is to help borrowers make an informed decision when choosing a mortgage by providing them with a clear comparison of available options.

What information must be reported on comparison of sample mortgage?

The comparison of sample mortgage must include information on interest rates, fees, terms, and any other relevant details for each mortgage option.

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