| Mississippi Summary |
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Originator Licensing
Send us a check
request for $100,
fingerprint cards that the DirectLender Compliance Department or the
state of Mississippi can provide to you, and the following form
completed, signed and notarized.
Branch Licensing
Send a check request
to Direct Lender’s Compliance Department for $750.00.
Branch Licenses are renewed on March 31st of
each year.
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Initial Disclosures
Mississippi Insurance Disclosure
Final Disclosures
Coming Soon
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| Refer to
Section 32 under Federal Compliance.
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Maximum term 5 years
or not to exceed the fixed rate term duration on ARMs.
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Permitted Fees
Coming Soon
Prohibited Fees
Comming Soon
Late Charge Fees
Coming Soon
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Funding Settlement
Wet State
Borrower Signing
Requirements
Mississippi is not a
community property state.
Closing Customs
Coming Soon
Real Estate Taxes
Taxes are due annually
January 1st.
Taxes are delinquent on February 1st.
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Advertising Record
Retention
Coming Soon
Advertising
Representation
Coming Soon
Telemarketing
Coming Soon
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Disclaimer:
This
information is tailored for DirectLender. It is deemed reliable but not
guaranteed. It is not intended as legal advice, and should not be
relied upon as such. The laws, policies, and references cited change
periodically.
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