Third-party A 1-to-4 unit TX Disclosure financing pursuant residence that is TEX. PROP. CODE Statement Required for Before the date of Initial Disclosure 4262 to a residential used or intended to ANN. §§ & Yes No Residential closing construction be used as a dwelling (West 2011) Construction contract by one of the owners TEX. art. 16, TX Notice Concerning A 50(a)(6) equity 12 days before the 4549 A homestead § ; 7 TEX. ADMIN. No No Initial Disclosure Extensions of Credit loan loan is closed CODE § (2013) Not specified TEX. FIN. CODE A loan under 10735 Not specified ANN. § (West Chapter 342, Title 4 With each contract Initial Disclosure TX Complaint Notice (upon A 1-to-4 family 2011); 7 TEX. No No of Texas’ Finance of a licensee request) dwelling ADMIN. CODE § Code (a consumer (2013) loan) Not specified. TEX. FIN. CODE A loan under With any privacy Not specified. ANN. § (West 15182 Chapter 342, Title 4 notice required to be Initial Disclosure Privacy Policy Notice A 1-to-4 family 2011); 7 TEX. No No (Federal) of Texas’ Finance provided by Federal dwelling ADMIN. CODE §§ Code (a consumer or Texas law & (2013) loan) A dwelling (as defined by Section Not specified, but 103[v] of TILA) or practically when an TEX. FIN. CODE TX Mortgage Company residential real application is ANN. § (West 16683 (upon A residential Initial Disclosure Conditional Approval estate on which a approved on the 2011); 7 TEX. No Yes request) mortgage loan Letter (Form B) dwelling is basis of credit ADMIN. CODE § constructed or worthiness but not (2013) intended to be on collateral constructed
Initial Disclosure TX Disclosure Statement Required for Residential Construction 4262 Third-party financing pursuant to a residential construction contract A 1-to-4 unit residence that is used or intended to be used as a dwelling by one of the owners Before the date of closing TEX. PROP. CODE ANN. §§ & (West 2011) Yes No Initial Disclosure TX Notice Concerning Extensions of Credit 4549 A 50(a)(6) equity loan A homestead 12 days before the loan is closed TEX. art. 16, § ; 7 TEX. ADMIN. CODE § (2013) No No Initial Disclosure TX Complaint Notice 10735 (upon request) Not specified A loan under Chapter 342, Title 4 of Texas’ Finance Code (a consumer loan) Not specified A 1-to-4 family dwelling With each contract of a licensee TEX. FIN. CODE ANN. § (West 2011); 7 TEX. ADMIN. CODE § (2013) No No Initial Disclosure Privacy Policy Notice 15182 (Federal) Not specified. A loan under Chapter 342, Title 4 of Texas’ Finance Code (a consumer loan) Not specified. A 1-to-4 family dwelling With any privacy notice required to be provided by Federal or Texas law TEX. FIN. CODE ANN. § (West 2011); 7 TEX. ADMIN. CODE §§ & (2013) No No Initial Disclosure TX Mortgage Company Conditional Approval Letter (Form B) 16683 (upon request) A residential mortgage loan A dwelling (as defined by Section 103[v] of TILA) or residential real estate on which a dwelling is constructed or intended to be constructed Not specified, but practically when an application is approved on the basis of credit worthiness but not on collateral TEX. FIN. CODE ANN. § (West 2011); 7 TEX. ADMIN. CODE § (2013) No Yes
Initial-Disclosure-Signature-Matrix.docx