Either: (1) Real property designed for occupancy by When the applicant 1-to-4 families, inquires Either: (1) a including single required insurance mortgage loan; (2) a MICH. COMP. LAWS unit condos or or when the lender Initial Disclosure Anti-Coercion Insurance 3750 secondary ANN. §§ , & Yes No and advises that such mortgage loan; or (West 2012) residential insurance is (3) a loan dwellings; or (2) available through real property that the lender. is used as a dwelling A dwelling (as defined in Section 103[v] of TILA) or NMLS Unique Identifier residential real MICH. COMP. LAWS Disclosed on 1003 On 4193 A residential Initial Disclosure estate on which a On the application ANN. § (West No No Uniform Residential Loan (FNMA) mortgage loan person has (or 2012) Application intends to) construct a dwelling Real property A mortgage loan, used as the but excluding MI Borrowers Bill of borrower’s At the time a MICH. COMP. LAWS purchase and Initial Disclosure Rights and Consumer 4970 principal dwelling person applies for a ANN. §§ & (West No No reverse mortgages Caution Notice and is designed mortgage loan 2012) and open-end credit for occupancy by plans 1-to-4 families
Initial Disclosure Anti-Coercion Insurance 3750 Either: (1) a mortgage loan; (2) a secondary mortgage loan; or (3) a loan Either: (1) Real property designed for occupancy by 1-to-4 families, including single unit condos or and residential dwellings; or (2) real property that is used as a dwelling When the applicant inquires required insurance or when the lender advises that such insurance is available through the lender. MICH. COMP. LAWS ANN. §§ , & (West 2012) Yes No Initial Disclosure NMLS Unique Identifier Disclosed on 1003 Uniform Residential Loan Application On 4193 (FNMA) A residential mortgage loan A dwelling (as defined in Section 103[v] of TILA) or residential real estate on which a person has (or intends to) construct a dwelling On the application MICH. COMP. LAWS ANN. § (West 2012) No No Initial Disclosure MI Borrowers Bill of Rights and Consumer Caution Notice 4970 A mortgage loan, but excluding purchase and reverse mortgages and open-end credit plans Real property used as the borrower’s principal dwelling and is designed for occupancy by 1-to-4 families At the time a person applies for a mortgage loan MICH. COMP. LAWS ANN. §§ & (West 2012) No No