C.R.S. Section 11-38-111
Consumer information and counseling


No reverse mortgage shall be made by a lender unless the loan applicant attests, in writing, that the applicant has been advised by the lender to obtain independent counseling regarding the advisability of such applicant’s entering into a reverse mortgage transaction and that such applicant has either obtained such counseling or waived such counseling in writing.

Source: Section 11-38-111 — Consumer information and counseling, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-11.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 11-38-111’s source at colorado​.gov