Tennessee disclosure requirements

For high-cost home loans (as defined in Tenn. Code § 45-20-102), Tennessee requires: (1) a written 'Notice to Borrower' (with specific statutory text) provided at the same time as the federal HOEPA notice under 12 CFR 226.31(c) (generally at least three business days before closing); (2) a notice of availability of HUD-approved counselors provided at the time of the good faith estimate (within three business days of application); and (3) legends on the mortgage/deed of trust and note stating they are high-cost home loans, required at closing. Additionally, if settlement charges change materially, redisclosure must occur at least one day before closing. For loans not meeting the high-cost definition, no additional state-specific disclosure requirements were found in the provided text.