A loan secured by a dwelling, CA Balloon A single dwelling unit in a the principal of which is more CAL. BUS. & PROF. Disclosure condo or cooperative or a 1- Initial Disclosure 2786 than either $30,000 (first lien) Prior to closing CODE § (West No No Regarding to 4- family residential or $20,000 (second lien), that 2012) Extension of Credit building. contains a balloon payment. At the time that the customer makes an initial CA Home Equity application in CAL. CIV. CODE § 2787 A home equity loan The consumer’s dwelling No No Initial Disclosure Loan Disclosure person, or within (West 2012) 3 business days if via mail or telephone. CA Addendum to CAL. CIV. CODE § Uniform Credit for the first statute, a As a part of the (West 2012); CAL. Initial Disclosure 2796 Real property No No Residential Loan consumer loan for the second. application FIN. CODE §§ & Application (West 2012) CA Consumer Caution and Home Real property comprised of a No later than 3 CAL. FIN. CODE § Initial Disclosure Ownership 2797 A covered loan 1- to 4- residential unit business days Yes No (West 2012) Counseling Notice dwelling prior to closing for Covered Loans Within 3 business CAL. BUS. & PROF. Real property, comprised of a days of receiving CA Mortgage Loan CODE §§ , , & 1- to 4- residential unit an application, or Initial Disclosure Disclosure 2798 A loan secured by a dwelling (West 2012); CAL. No No dwelling that is the principal before closing Statement (Re 882) CODE REGS. tit. 10, dwelling of the consumer. (whichever is § (2012) earlier) CA Title Insurance An escrow transaction for the CAL. CIV. CODE § Initial Disclosure 2799 Real property Not specified Yes No Disclosure purchase of real property (West 2012)
Initial Disclosure CA Balloon Disclosure Regarding Extension of Credit 2786 A loan secured by a dwelling, the principal of which is more than either $30,000 (first lien) or $20,000 (second lien), that contains a balloon payment. A single dwelling unit in a condo or cooperative or a 1- to 4- family residential building. Prior to closing CAL. BUS. & PROF. CODE § (West 2012) No No Initial Disclosure CA Home Equity Loan Disclosure 2787 A home equity loan The consumer’s dwelling At the time that the customer makes an initial application in person, or within 3 business days if via mail or telephone. CAL. CIV. CODE § (West 2012) No No Initial Disclosure CA Addendum to Uniform Residential Loan Application 2796 Credit for the first statute, a consumer loan for the second. Real property As a part of the application CAL. CIV. CODE § (West 2012); CAL. FIN. CODE §§ & (West 2012) No No Initial Disclosure CA Consumer Caution and Home Ownership Counseling Notice for Covered Loans 2797 A covered loan Real property comprised of a 1- to 4- residential unit dwelling No later than 3 business days prior to closing CAL. FIN. CODE § (West 2012) Yes No Initial Disclosure CA Mortgage Loan Disclosure Statement (Re 882) 2798 A loan secured by a dwelling Real property, comprised of a 1- to 4- residential unit dwelling that is the principal dwelling of the consumer. 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) No No Initial Disclosure CA Title Insurance Disclosure 2799 An escrow transaction for the purchase of real property Real property Not specified CAL. CIV. CODE § (West 2012) Yes No
Initial-Disclosure-Signature-Matrix.docx