Disclosure Summary – fixed rate loan

(This is not a loan commitment. The information below reflects estimates.)

Date	May 21, 2018

Borrower(s):

Property Address:

Mortgage Term:

Loan Amount:	$

Interest Rate:	%

Principal & Interest Payment:	$ per month

Monthly Reserves: If these amounts are not included in your monthly payment, you must pay them yourself.

Are Are not	Added for

☐ ☐	Real Estate Taxes

☐ ☐	Homeowners / Hazard Insurance

☐ ☐	Mortgage Insurance

☐ ☐	Homeowners’ Association Dues

Originator/Broker/Discount Fees:

Loan Origination Fee:	$

Broker Fee:	$

Loan Discount Fee (Points:	%):	$

Other Fees:	$

Other conditions of your loan:

Yes No

☐ ☐ Your loan has a penalty if you pay off your mortgage early.

☐ ☐ Your loan has a balloon payment due on .

☐ ☐ Your interest rate is locked.

☐ ☐ Your interest rate or fees are higher because documentation is reduced.

Copy Received:

_________________________________	___________________

Date