Video — Your Mortgage Disclosure Form Page 2 Details

The Loan Disclosure form you will receive (at least 3 days before loan consummation) provides the costs and terms of the loan arrangement. Heres what you can expect on Page 2 of this standard form:

Page 2, Section A figures SHOULD match your original Loan Estimate form. These figures include:

Discount Points, if applicable.

Origination Charges (collected by your lender)

Origination Fees (fees paid to loan brokers, loan officers or similar parties)

Page 2, Section B figures should be WITHIN 10% of the total from your Loan Estimate. These figures are the services that borrowers CANNOT shop; the lender supplied a list of the parties required for these services.

Page 2, Section C figures may vary from the Loan Estimate. Charges from providers on the lenders provided list should be within 10% of the Loan Estimate. Others should be as you arranged with those external providers.

Page 2, Section E figures should be within 10% of the matching Loan Estimate figures.

Page 2, Sections E-F-G-H figures may vary from the matching Loan Estimate figures.

Page 2 also includes a break-out of the costs paid at or before loan consummation:

Costs YOU will pay.

Costs the SELLER will pay.

Costs paid by any others.

Credits (if any) from the Lender