The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 8 V.S.A. § 2220)
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§ 2220. Disclosure required by mortgage lender
In advance of taking any fee or collecting any charges for a mortgage loan, or at
the time the prospective borrower submits a signed application, a written disclosure
shall be provided by the lender to the prospective borrower setting forth all provisions
relating to interest rates applicable to the loan, and specific disclosure regarding
any possibility that the lender may change its role to that of a mortgage broker.
This section shall not apply to commercial loans. (Added 1995, No. 162 (Adj. Sess.), § 21, eff. Jan. 1, 1997.)