Effective October 3, 2015 CFPB rules require that a Residential Mortgage Lender disclose the rates for issuing a Loan Estimate for a purchase money mortgage the following way:


Rate for Owner's Policy: Full Owner's Rates (Based on the Purchase Price) + The Simultaneous Issue Rate for the Loan Policy - Full Loan Rates (Based on the Mortgage Loan Amount)


Rate for Loan Policy: Full Loan Rates (Based on the Mortgage Loan Amount)


To see how the numbers should be disclosed, please click HERE.

Did You Know...

At no cost to taxpayers, the title industry collects $1.75 billion per year in back income taxes.

Proud members of:

Wisconsin Mortgage Bankers Association

American Title Land Association

Wisconsin Land Title Association

Preferred Underwriters:

First American Title Company

Old Republic Title Insurance Group

ALTA ID: 1039202