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  • Fha Form Informed Consumer Choice Disclosure

Get Fha Form Informed Consumer Choice Disclosure

INFORMED CONSUMER CHOICE DISCLOSURE NOTICE Loan Number: Case Number: Date: Borrower: Property Address: In addition to an FHAinsured mortgage, you may also qualify for other mortgage products offered.

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How to fill out the FHA Form Informed Consumer Choice Disclosure online

Filling out the FHA Form Informed Consumer Choice Disclosure is an important step in understanding your options for mortgage financing. This guide will help you navigate the process of completing this form online with clarity and confidence.

Follow the steps to complete the FHA Form Informed Consumer Choice Disclosure.

  1. Click the ‘Get Form’ button to access the form and open it in the editor.
  2. Enter the loan number in the appropriate field. This is a specific identifier for your mortgage application.
  3. Fill in the case number. This number is used for tracking your loan application within the mortgage system.
  4. Provide the date of completing this form. This helps to record when you acknowledged the comparison of mortgage products.
  5. List the borrower’s name(s) in the respective field as it appears on official documents.
  6. Input the property address where the loan will be applied. Ensure this is accurate for proper processing.
  7. Review the comparison section that outlines FHA financing versus conventional financing. Take your time to consider the costs and benefits.
  8. Acknowledge the receipt of this disclosure by signing in the indicated signature fields. Each borrower should sign and date where applicable.
  9. Once all fields are filled out correctly, save your changes. You may download, print, or share the completed form as needed.

Get started filling out your FHA Form Informed Consumer Choice Disclosure online today!

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When required under paragraph (a) of this section, a mortgagee must provide an informed consumer choice disclosure notice to a prospective FHA mortgagor not later than three business days after the mortgagee receives the prospective FHA mortgagor's application.

Section 203(b)(2) of the National Housing Act requires a disclosure to assist borrowers in comparing the costs of a FHA-insured mortgage versus similar conventional mortgages. This disclosure must be given to prospective borrowers that may qualify for both FHA-insured financing and a conventional mortgage product.

This notice is provided to identify the key differences between these mortgage products offered by your lender. This disclosure is not a contract and does not constitute loan approval. Actual mortgage approval can only be made following a full underwriting analysis by your mortgage lender.

U. Section 203(b)(2) of the National Housing Act was recently amended to include requirements for an "Informed Consumer Choice" disclosure. This disclosure is intended to assist borrowers in comparing the costs of a FHA loan versus similar conventional loans.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232