austin 512.366.3985
dallas 214.453.0067
houston 713.574.6330
call us toll-free 866.458.4899

About ...

Frequently Asked Questions (FAQs)

Federal and State Disclosures

Loan Programs

UP2 The Anti-Steering Disclosure

The Anti-Steering Disclosure is a federally mandated disclosure that shows a loan applicant a range of rate options for the type of loan program (fixed or ARM) in which the applicant has shown an interest.  The disclosure shows an applicant a low rate option with higher loan costs, a higher rate option with reduced costs, and the the loan costs for the rate contained in the consumer's loan application.  If the consumer has made application for a program with high-risk features such as negative-amortization, the disclosure also shows the rate and costs that could be obtained without that feature.

The following is an example of an Anti-Steering Disclosure.

Anti-Steering Disclosure