Which types of loans do not require a loan estimate?

The correct answer is that these types of loans do not require a loan estimate. The Truth in Lending Act (TILA), implemented by Regulation Z, provides specific guidelines about which loans necessitate a loan estimate to ensure transparency and protect consumers.

Reverse mortgages typically do not require a loan estimate because they are designed for older homeowners to convert part of their home equity into cash, and they operate under specific rules that differ from traditional mortgage loans.

Home Equity Lines of Credit (HELOCs) also fall under a unique category where the loan estimate is not mandated in the same manner as it is for purchase mortgages or refinances. This is due to the variable nature of a HELOC's terms, which can change over time, thus complicating the provision of a standard loan estimate.

Chattel-dwelling loans, which are secured by personal property instead of real estate, also do not fall under the usual requirement for a loan estimate. These loans are typically subject to different regulations that focus more on the purchase of movable personal property rather than residential real estate.

Thus, all three types of loans mentioned - reverse mortgages, HELOCs, and chattel-dwelling loans - are exceptions to the general requirement for a loan estimate under TILA,