Counseling Disclosure Form for Loans Guaranteed Under Servicemen’s Readjustment Act of 1944

Section 6-p of the New York Banking Law requires every mortgage lending institution and mortgage banker that originates a loan secured by real property located in this state that is used for residential  purposes and which will be guaranteed under the Servicemen's Readjustment Act of 1944 to disclose that a veteran seeking a housing  loan under chapter 37 of title 38 of the United States Code has  been offered loan counseling services.  To facilitate compliance, the Department has developed the New York Counseling Disclosure Form For Loans Guaranteed Under Servicemen’s Readjustment Act of 1944.

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