A Georgia lender takes an application by mail in 2026 and cannot obtain a signature before processing. How should the required disclosure and signature request be handled with the mailed application?
Correct Answer
C) Include the disclosures in the package, requesting a signed form back
For mail applications the required disclosures must be included in the mail application package with a request that a signed acknowledgment form be returned, and a copy of that request must be kept. Other choices: the acknowledgment is not skipped, it is requested; holding the application is not the remedy; and sending disclosures after approval is far later than the rule allows. Source: Ga. Comp. R. & Regs. 80-11-1-.01(6)
Why This Is the Correct Answer
For mail applications the required disclosures must be included in the mail application package with a request that a signed acknowledgment form be returned, and a copy of that request must be kept. Other choices: the acknowledgment is not skipped, it is requested; holding the application is not the remedy; and sending disclosures after approval is far later than the rule allows. Source: Ga. Comp. R. & Regs. 80-11-1-.01(6)
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