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2017 New Hampshire Revised Statutes
Title XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter 397-A - LICENSING OF NONDEPOSITORY MORTGAGE BANKERS, BROKERS, AND SERVICERS
Section 397-A:14-b - Compliance With Requirements for Funding of Loans at Real Estate Closings.
Universal Citation: NH Rev Stat § 397-A:14-b (2017)
397-A:14-b Compliance With Requirements for Funding of Loans at Real Estate Closings. –
A mortgage banker, mortgage broker, or mortgage servicer licensee shall comply with the provisions of RSA 477:52 relative to requirements for the funding of loans at real estate closings. At a minimum, a closing requires the delivery of a deed if the transaction is a conveyance, the signing of a note, and the disbursement of the mortgage loan funds.
Source. 2016, 289:1, eff. Aug. 20, 2016.
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