TRUTH IN LENDING DISCLOSURE
Required by Federal Law, this is used to provide the borrower with meaningful disclosure of credit terms so they will be able to more readily compare various credit terms available and, to ensure the informed use of credit by the consumer.
SIGNATURES: Signed by everyone that will sign the Note and anyone else who has the right to cancel / right to recind the transaction, and delivered to the signers "before" the Note and Security Instrument / Mortgage / Deed of Trust are signed.
NOTARY: Not required.
The Notary should make careful identification either through personal knowledge, the oath of a creditable wittness, or through reliable identification documents such as a drivers license (which needs to be valid).
1 Have Signers sign your Notary Journal
2 Have Signers sign the Truth In Lending Disclosure (needs to be signed "before" the Note and Security Instrument / Mortgage / Deed of Trust are signed.
