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Texas mortgage loan disclosures

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cbrekken Joined: 10 Nov 2009 Posts: 1 1.26 Dollars($)	Posted: Tue Nov 10, 2009 1:04 pm    Post subject: Texas mortgage loan disclosures I am a lender located in Minnesota and we have a new mortgage for a property in Texas. I am looking for information on any additional loan disclosures required at application for the state of Texas
savior70 Joined: 25 Mar 2009 Posts: 1778 Location: Florida 238.16 Dollars($)	Posted: Wed Nov 11, 2009 5:31 am    Post subject: Hi, As far as I'm aware of, most of the mortgage loans are subject to disclosure rules under the Truth in lending Act (TILA). The borrowers are required to be given a good faith estimate within the 3 working days. Both the interest rate and the APR need to be disclosed to the borrower. But I’m not sure if there are any specific disclosure laws in the state of Texas that require the lender to make additional disclosures to the borrower.

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