We are in the process of adding an ARM product. Upon application we will be required to supply a CHARM booklet and ARM disclosure per Reg Z. Is there anything else that I'm missing?

Also, we are using the Point/Calyx system. Does anyone else currently use this product? I would be interested in seeing your disclosures.

You have identified the ARM disclosure extras. But the ARM loan is also subject to RESPA, Reg B, Flood, FCRA and the entire crew of mortgage compliance. The disclosures you identified are in addition to everything that goes on fixed rate mortgages. Also check your early and final TIL disclosures for the correct variable rate information disclosures. Because of the ARM program disclosure, your TIL states that the loan has a variable rate feature and disclosures about that feature were provided earlier.

I'm a real estate agent and I'm working on a "Good Faith" estimate spreadsheet to be used on my web site. Does anyone have a spreadsheet formula for calculating APR on ARM loans? I don't need a calculator. I need help with the actual cell formula. Thank you

It's all spelled out in Appendix J to Reg. Z. Click here to go to Appendix J.