Document Changes: CA Rate Lock Agreement (Cx7442)
This document is provided pursuant to the provisions of Cal. Fin. Code § 50203(a)(3)(A) & (B), which requires lock-in agreements entered into by licensees under the California Residential Mortgage Lending Act to contain (at a minimum) certain disclosures.
Cx7442 discloses a “Loan Fee,” the amount of which is pulled from Field 27605 (Total Fees Paid to Lender)….