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DocMagic Update to Rate Lock Packages

DocMagic periodically reviews all current disclosure requirements to ensure document selection is as accurate as possible. DocMagic’s Compliance department recently completed a review of all state specific rate lock disclosures and will be making an update to the selection logic for Rate Lock Packages.

Beginning August 15, 2019, Rate Lock Packages will return with a state specific rate lock disclosure, if required.  Please note that the forms listed below are NOT new, but are simply being added to an additional package type.

 

RATE LOCK

FORM NAME

FORM ID

ACTION

Connecticut Mortgage Rate Lock-In Agreement

CTMRLIA.MSC

Add

DC Lock-In Agreement

DCLIA.MSC

Add

Mississippi Lock-In Agreement

MSLIA.MSC

Add

Nevada Lock-In Confirmation

NVLIC.MSC

Add

New York Lock-In Agreement

NYLIA.MSC

Add

Tennessee Lock-In Agreement

TNLIA.MSC

Add

Virginia Lock-In Agreement

VALIA.MSC

Add

Washington Interest Rate Lock Agreement

WAIRLA.MSC

Add

 

 

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