Connecticut § 49-6a - Definitions. Interim financing policy disclosure required.
Full text of Connecticut Connecticut General Statutes § 49-6a — Definitions. Interim financing policy disclosure required., with citation guidance and answers to common questions.
§ 49-6a. Definitions. Interim financing policy disclosure required.
Sec. 49-6a. Definitions. Interim financing policy disclosure required. (a) For the purposes of this section:
(1) “Creditor” means any state bank and trust company or national banking association, state or federal savings bank, state or federal savings and loan association, state or federal credit union, licensed mortgage lender, mortgage correspondent lender or other financial institution.
(2) “Mortgage loan” means a loan which is secured by a first mortgage on one to four family residential real property located in this state;
(3) “Applicant” means any person who applies for a mortgage loan; and
(4) “Interim financing” means a short term loan, the proceeds of which are to be used by an applicant to purchase one to four family residential real property, which is due and payable upon the sale of the applicant's current residence.
(b) Each creditor who has a policy of not offering interim financing shall disclose such policy to the applicant in writing in plain language at the time the mortgage loan application is filed. The applicant shall sign the disclosure statement to acknowledge its receipt.
(P.A. 86-160; P.A. 08-176, S. 76.)
History: P.A. 08-176 redefined “creditor” in Subdiv. (1) to include “mortgage correspondent lender” and make a conforming change, effective July 1, 2008.
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 49-6a
What does Connecticut General Statutes § 49-6a cover?
Section 49-6a ("Definitions. Interim financing policy disclosure required.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 49-6a?
A common citation format is "Connecticut General Statutes § 49-6a" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 49-6a apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.