Legal Question in Banking Law in Nebraska

Disclosure statement

I applied for a second mortgage from wells fargo bank. I was approved and they sent me a disclosure statement with a 7.998% rate on 5 year loan. I had originally asked for a 15 year term, however this was a great rate, so I asked to go with the 5 year term. They sent me an email saying that the loan to value was incorrectly input, and that the rate would be 9.375%. My question is, can I make them honor the first disclosure statement that I have a copy of?


Asked on 1/30/06, 8:16 pm

1 Answer from Attorneys
David Anderson Anderson Business Law LLC

Re: Disclosure statement

No

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Answered on 1/30/06, 8:34 pm


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