If you're looking for a new job, one thing you'll want to pay attention to is the company's discount disclosure statement. This document outlines what discounts the company offers employees. It can be helpful to familiarize yourself with the discounts offered before you accept a job, so you can make sure they fit with your needs. The discount disclosure statement can also provide information about how employee discounts are administered and monitored. If you have any questions about the discounts offered by your employer, be sure to ask your HR department.
Here's some information that may help you figure out how much time it's going to take to finalize the discount disclosure statement.
Question | Answer |
---|---|
Form Name | Discount Disclosure Statement |
Form Length | 1 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 15 sec |
Other names | va insterest rate amd discount disclosure, va interest rate and discount disclosure statement, va form interest rate and discount disclosure, interest rate and discount disclosure |
INTEREST RATE AND DISCOUNT
DISCLOSURE STATEMENT
1.This statement regarding the interest rate and discount points that you may pay on a mortgage guaranteed by VA (Department of Veterans Affairs) must be delivered to you prior to execution of the borrower’s certification on the HUD/VA Addendum to the Uniform Residential Loan Application.
2.VA does not establish the interest rate for mortgage loans to be guaranteed or set either a maximum or minimum on the interest rate or on discount points that may be paid by you. This means that you may pay such interest rate and discount points as you and the lender agree upon. The seller may also pay the discount points, or a portion thereof, if you and the seller agree to such an arrangement.
3.It is important for you to understand that the interest rate and discount points and the length of time the lender will honor the loan terms are all freely negotiable with the lender. Lenders may agree to offer the loan terms for a definite period of time (i.e., 30, 60, or 90 days), or may refuse to do so. This arrangement is commonly referred to as a
4.The terms of your agreement with the lender will determine the degree, if any, that the interest rate and discount points may change before closing. An increase of more than 1 percent in the interest rate requires
IT IS OUR RESPONSIBILITY TO ASSURE THAT
YOU UNDERSTAND THE TRANSACTION
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