Skip to content

Modification of an Existing Loan

Question: We have a 5/1 ARM 30 yr residential construction loan that we are increasing by $20,000 due to cost overruns. Are we required to give RESPA and TIL disclosures again for the new amount?

This content is for Premium Subscribers only.

SUBSCRIBE to Compliance Action to get access today!

If you are already a Premium Subscriber please login to view this content.

Compliance Action