State Disclosures - Florida

[Pages:2]State Specific Consumer Mortgage Disclosures - Florida

Disclaimer: The material below is for general informational purposes only and is not intended to be a substitute for professional compliance assistance. Anyone reviewing the below information should contact his or her own compliance professionals to obtain advice with respect to any issues or questions related to a particular transaction. The material below is designed for use by state or federal financial institutions. State licensed lenders or brokers should consult alternate reference materials.

Applicability Delivery Timing

PPDocs

Purchase

Refinance

Misc.

Disclosures

Notes Financial Institutions State Licensed Lender or Broker Initial Disclosures Prior to Closing At Closing Provided by PPDocs, Inc. Doc. ID Number 1st Lien Purchase 1 - 4 Primary Residence 1st Lien Purchase 1 - 4 Second Home / Vacation Subordinate Lien Purchase 1 - 4 Primary Residence Subordinate Lien Purchase 1 - 4 Second Home /Vacation 1st Lien Refinance 1 - 4 Primary Residence 1st Lien Refinance 1 - 4 Second Home / Vacation Subordinate Lien Refinance 1 - 4 Primary Residence Subordinate Lien Refinance 1 - 4 Second Home /Vacation HELOC s Lot Loans/Bare Ground State Law Citation

Statement of Anti-Coercion

Disclosure of Conflicting Interest Notice to Purchaser-Mortgagor

Insurance Disclosure Credit Life Insurance Disclosure

Rate Lock Agreement

Fla. Admin.

1 Y

Y

N N N Y 2075

Code Ann. Rule ?69B-

124.013

2 N

Y

Y N N Y 1146

Fla. Stat. Ann. ?494.0023

3 Y

Y

N N Y Y 7431

Fla. Stat. Ann. ?627.798

Fla. Stat. Ann.

4 Y

Y

Y N N Y 5464

?626.9551(2)(

a)

5 Y

Y

Y N N Y 7360

Fla. Stat. Ann.

?627.679(1)(c)

6 N

Y

N N N Y 1149

Fla. Stat. Ann. ?494.0069

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State Specific Consumer Mortgage Disclosures - Florida

Disclaimer: The material below is for general informational purposes only and is not intended to be a substitute for professional compliance assistance. Anyone reviewing the below information should contact his or her own compliance professionals to obtain advice with respect to any issues or questions related to a particular transaction. The material below is designed for use by state or federal financial institutions. State licensed lenders or brokers should consult alternate reference materials. Notes:

1. Prior to any formal loan application or payment of any application fees or costs. 2. If licensee has conflicting interest with a service provider involved in the transaction. 3. By title company or lender when the lender purchases lender's title insurance. 4. If the lender also sells hazard insurance. 5. If credit life insurance is sold by the lender. 6. At the time a rate lock is entered into between the licensee and the consumer. Rates are not required to be locked.

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