This is not legal advice for your situation*

Disclosures

Idaho State Disclosures


No Description DocMagic Package Type Lender
Broker		 Governing Law Rules Format Name Signature Selection
1
Interest Rate Lock-in Confirmation Agreement
Closing, Pre-Closing, PredisclosureBroker, LenderID ADC 12.01.10.050(04); Idaho Code § 26-3114(9)
Give within 3 days after entering into agreement, including Saturdays.
IDIRLICA.MSCIndividual, Officer
2
Interest Rate Lock/Float Information
Closing, PredisclosureBroker, LenderID ADC 12.01.10.050(03)
Give within 3 business days after the application is received.
IDIRL.MSCIndividual, Officer
3
Licensee Information Disclosure
PredisclosureBroker, LenderID ADC 12.01.10.050(01)
Give upon receipt of loan application.
IDLID.MSCIndividual, Officer
4
Mortgage Broker Disclosure
Closing, PredisclosureBrokerIdaho Code § 26-31-211(3) ; ID ADC 12.01.10.050(01)
Broker must give upon receipt of loan application.
IDMB.DSCIndividual, Officer
5
Mortgage Lender Disclosure
Closing, PredisclosureLenderID ADC 12.01.10.050(01)
Lender must give upon receipt of loan application.
IDML.DSCIndividual, Officer
6
Oral Agreement Notice
ClosingBroker, LenderIdaho Code § 9-505(5)
Required for all commitments to extend credit in an original principal amount >= $50K; must give with commitment.
IDOAN.MSCIndividual, Officer
7
Prepayment Penalty Disclosure
Closing, Pre-Closing, PredisclosureBroker, LenderIdaho Code § 28-42-306; ID ADC 12.01.10.050(05)
Prepayment Penalty
IDPP2.DSCCo-Signer, Individual, Officer
8
Prepayment Penalty Disclosure
Closing, Pre-Closing, PredisclosureBroker, LenderIdaho Code § 28-42-306; ID ADC 12.01.10.050(05)
Prepayment Penalty, 2nd Lien
IDPP4.DSCCo-Signer, Individual, Officer



*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.


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