Borrower’s Lender’s Vermont Proper Name of Generic Cx Timing Loan Type Property Reference Signature Signature Disclosure Number Requirement (Package Type) Required? Required? Anti-Coercion A loan of money or VT. STAT. ANN. tit. 2778 Not specified Not specified No No Initial Disclosure Insurance Disclosure extension of credit 8, § (West 2012) Before taking any VT. STAT. ANN. tit. fee or at the time VT Broker/Prospective Real property or real 8, § (West 2012); Initial Disclosure 3594 A mortgage loan a signed Yes Yes Borrower Agreement estate 4-2 VT. CODE R. §§ application is & (2013) submitted A high rate, high Given in point loan, which is conjunction with secured by a first lien the GFE, or when VT. STAT. ANN. tit. VT High Rate/High on residential real Residential real the borrower is 9, § (West 2012); Initial Disclosure 3708 No No Point Notices estate and consists estate notified that the 4-2 VT. CODE R. § of fees and points lender will only (2013) over a certain offer this type of threshold. loan Either: (1) a loan secured by a lien Real estate used as against real estate; the borrower’s No less than 24 VT. STAT. ANN. tit. VT Mortgage Loan or (2) a loan secured residence and prior to 9, § (West 2012); Initial Disclosure Commitment 4671 No No by a first lien on owner closing (some 4-2 VT. CODE R. §§ Agreement owner residential real exceptions apply) & (2013) residential real estate estate
Vermont (Package Type) Proper Name of Disclosure Generic Cx Number Loan Type Property Timing Requirement Reference Borrower’s Signature Required? Lender’s Signature Required? Initial Disclosure Anti-Coercion Insurance Disclosure 2778 A loan of money or extension of credit Not specified Not specified VT. STAT. ANN. tit. 8, § (West 2012) No No Initial Disclosure VT Broker/Prospective Borrower Agreement 3594 A mortgage loan Real property or real estate Before taking any fee or at the time a signed application is submitted VT. STAT. ANN. tit. 8, § (West 2012); 4-2 VT. CODE R. §§ & (2013) Yes Yes Initial Disclosure VT High Rate/High Point Notices 3708 A high rate, high point loan, which is secured by a first lien on residential real estate and consists of fees and points over a certain threshold. Residential real estate Given in conjunction with the GFE, or when the borrower is notified that the lender will only offer this type of loan VT. STAT. ANN. tit. 9, § (West 2012); 4-2 VT. CODE R. § (2013) No No Initial Disclosure VT Mortgage Loan Commitment Agreement 4671 Either: (1) a loan secured by a lien against real estate; or (2) a loan secured by a first lien on owner residential real estate Real estate used as the borrower’s residence and owner residential real estate No less than 24 prior to closing (some exceptions apply) VT. STAT. ANN. tit. 9, § (West 2012); 4-2 VT. CODE R. §§ & (2013) No No