Model Disclosure Statement Notice to Customer The Washington Model Disclosure Statement Notice to Customer is a form used by Washington state-registered mortgage loan originators (Los) to disclose information to their customers about various aspects of the loan process. This form is mandated by the Washington Consumer Loan Act and must be provided to customers prior to entering into a loan agreement. The Washington Model Disclosure Statement Notice to Customer provides information about the loan originator, the loan product, current interest rates, loan terms, and fees associated with the loan. The Notice also includes a summary of the consumer’s rights and responsibilities under the Washington Consumer Loan Act. There are two types of Washington Model Disclosure Statement Notice to Customer: one for home loans and one for consumer loans. The Notice for home loans includes additional information about the types of home loans available, the loan originator’s licensing and registration information, and other consumer protections related to home loans. The Notice for consumer loans provides information about the loan product, loan terms and fees, and other consumer protections related to consumer loans.
The Washington Model Disclosure Statement Notice to Customer is a form used by Washington state-registered mortgage loan originators (Los) to disclose information to their customers about various aspects of the loan process. This form is mandated by the Washington Consumer Loan Act and must be provided to customers prior to entering into a loan agreement. The Washington Model Disclosure Statement Notice to Customer provides information about the loan originator, the loan product, current interest rates, loan terms, and fees associated with the loan. The Notice also includes a summary of the consumer’s rights and responsibilities under the Washington Consumer Loan Act. There are two types of Washington Model Disclosure Statement Notice to Customer: one for home loans and one for consumer loans. The Notice for home loans includes additional information about the types of home loans available, the loan originator’s licensing and registration information, and other consumer protections related to home loans. The Notice for consumer loans provides information about the loan product, loan terms and fees, and other consumer protections related to consumer loans.
