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LOAN PROGRAM DISCLOSURE 3/2 ARM WSB This Loan Program Disclosure describes features of the 3/2 Adjustable Rate Mortgage program you are considering. Information on other ARM programs is available
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What is loan program disclosure?
Loan program disclosure is a document that outlines the terms and conditions of a specific loan program, including interest rates, fees, and repayment terms.
Who is required to file loan program disclosure?
Lenders and financial institutions are required to file loan program disclosure to provide transparency to borrowers.
How to fill out loan program disclosure?
To fill out a loan program disclosure, lenders must accurately input all relevant information regarding the loan program, including interest rates, fees, and repayment terms.
What is the purpose of loan program disclosure?
The purpose of loan program disclosure is to provide borrowers with clear, detailed information about a loan program before they agree to it, ensuring transparency and preventing hidden fees or terms.
What information must be reported on loan program disclosure?
Loan program disclosure must include information such as interest rates, fees, repayment terms, prepayment penalties, and any other relevant terms and conditions.
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