Final rule—amendment to Regulation Z - Legal Developments

Federal Reserve Bulletin, Feb, 2002

You are not required to complete this agreement
merely because you have received these disclosures
or have signed a loan application.

If you obtain this loan, the lender will have a mortgage
on your home.

YOU COULD LOSE YOUR HOME, AND ANY
MONEY YOU HAVE PUT INTO IT, IF YOU DO
NOT MEET YOUR OBLIGATIONS UNDER THE
LOAN.

You are borrowing $-- (optional credit
insurance is [] is not [] included in this amount).

The annual percentage rate on your loan will be: --%.

Your regular [frequency] payment will be:
$--.
[At the end of your loan, you will still owe us:
$ balloon amount].]

[Your interest rate may increase. Increases in the interest
rate could increase your payment. The highest
amount your payment could increase is to $. --]