The Ohio “Mortgage Loan Origination Disclosure Statement Addendum” is required to include language specified in Ohio Rev. Code Ann. § 1322.062(D). However, the good faith estimate which is referenced in the text is no longer applicable due to changes made to Regulation Z (12 CFR Part 1026). Ohio has updated the form to add a footnote to account for the good faith estimate being replaced by the Loan Estimate under TRID.
Ohio has stated the new version “should be used immediately”. Therefore, the updated document will be in place for TRID loans July 7, 2016. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
DR 203036