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.
C.R.S. § 11-38-111
Consumer information and counseling
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.