Document Updates: Changes to the Loan Terms, AP, and AIR Tables on the LE and CD (Cx18565 and Cx18566)
Docutech has made minor adjustments to the Loan Terms, AP, and AIR Tables that will only impact the Loan Estimate and Closing Disclosure when the loan payment and/or the interest rate can adjust every month. The changes are as follows:
Loan Terms Table
The guidance for the Loan Terms section on the CD is derived in part from 37(a)(10)-3,…