Within 3 business CA Mortgage Loan CAL. BUS. & PROF. days of receiving Disclosure A nontraditional mortgage Residential real property CODE §§ , , & an application, or Initial Disclosure Statement/Good 12922 product or an adjustable rate improved by a 1- to 4- family (West 2012); CAL. Yes No before closing Estimate (Re loan. dwelling. CODE REGS. tit. 10, (whichever is 885) §§ (2012) earlier) Real property consisting of 1- CA Disclosure of A first lien covered loan with to 4- residential units, which is CAL. FIN. CODE § Negative 12996 Not specified Yes No Initial Disclosure negative amortization. also the principal dwelling of (West 2012) Amortization the consumer. Within 3 business CAL. CODE REGS. days of receiving CA Comparison of A nontraditional mortgage Residential real property tit. 10, §§ 1436(d) an application, or Initial Disclosure Sample Mortgage 13522 product or an adjustable rate improved by a 1- to 4- family & No No before closing Features loan. dwelling. 1950.314.8(d) (whichever is (2012) earlier) At the time of CA Broker HPML CAL. FIN. CODE § Initial Disclosure 14956 Higher-Priced Mortgage Loan Consumer’s principal dwelling. initially engaging No No Disclosure (West 2012) in broker services A loan or extension of credit CA Spanish Good CAL. CIV. CODE § Initial Disclosure secured by residential real Residential real property. Prior to closing No No Faith Estimate (West 2012) property. Real property consisting of 1- Tangible Net A covered loan that refinances to 4- residential which is CAL. FIN. CODE § Initial Disclosure 15773 Not specified No No Benefit Worksheet a consumer loan. also the principal dwelling of (West 2012) the consumer. Statement of CAL. CIV. CODE § Credit Denial, 15858 Financial (West 2012); Financial assistance. Housing accommodations. No No Initial Disclosure Termination or (Federal) assistance CAL. CODE REGS. Charge tit. 21, § (2012)
Initial Disclosure CA Mortgage Loan Disclosure Statement/Good Estimate (Re 885) 12922 A nontraditional mortgage product or an adjustable rate loan. Residential real property improved by a 1- to 4- family dwelling. Within 3 business days of receiving an application, or before closing (whichever is earlier) CAL. BUS. & PROF. CODE §§ , , & (West 2012); CAL. CODE REGS. tit. 10, §§ (2012) Yes No Initial Disclosure CA Disclosure of Negative Amortization 12996 A first lien covered loan with negative amortization. Real property consisting of 1- to 4- residential units, which is also the principal dwelling of the consumer. Not specified CAL. FIN. CODE § (West 2012) Yes No Initial Disclosure CA Comparison of Sample Mortgage Features 13522 A nontraditional mortgage product or an adjustable rate loan. Residential real property improved by a 1- to 4- family dwelling. Within 3 business days of receiving an application, or before closing (whichever is earlier) CAL. CODE REGS. tit. 10, §§ 1436(d) & 1950.314.8(d) (2012) No No Initial Disclosure CA Broker HPML Disclosure 14956 Higher-Priced Mortgage Loan Consumer’s principal dwelling. At the time of initially engaging in broker services CAL. FIN. CODE § (West 2012) No No Initial Disclosure CA Spanish Good Faith Estimate A loan or extension of credit secured by residential real property. Residential real property. Prior to closing CAL. CIV. CODE § (West 2012) No No Initial Disclosure Tangible Net Benefit Worksheet 15773 A covered loan that refinances a consumer loan. Real property consisting of 1- to 4- residential which is also the principal dwelling of the consumer. Not specified CAL. FIN. CODE § (West 2012) No No Initial Disclosure Statement of Credit Denial, Termination or Charge 15858 (Federal) Financial assistance. Housing accommodations. Financial assistance CAL. CIV. CODE § (West 2012); CAL. CODE REGS. tit. 21, § (2012) No No
Initial-Disclosure-Signature-Matrix.docx