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#1561503 - 06/07/11 04:43 PM HPML and Refinancing
La. Lady Offline
Diamond Poster
La. Lady
Joined: May 2001
Posts: 1,873
Original loan date 4/2/11
Refinancing of this loan plus additional funds of $10,000 requested on 6/6/11

Are we prohibited from refinancing into another HPML loan?
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Riding the waves of change.....2014

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Lending Compliance
#1561701 - 06/07/11 07:47 PM Re: HPML and Refinancing La. Lady
Likes to Comply Offline
Diamond Poster
Joined: Nov 2008
Posts: 1,109
In the mountains
The prohibition applies to section 32 loan (HOEPA). You are ok to refi a HPML into another HPML.
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#1561866 - 06/08/11 01:18 AM Re: HPML and Refinancing Likes to Comply
La. Lady Offline
Diamond Poster
La. Lady
Joined: May 2001
Posts: 1,873
Thanks buddy....I looked it up and found the answer....You know me.....I panic
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Riding the waves of change.....2014

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