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#2067068 - 03/02/16 04:48 PM Calculating HPML Status on 6 month note
mdog76 Offline
Platinum Poster
Joined: Jan 2007
Posts: 645
Is this even possible?

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Lending Compliance
#2067072 - 03/02/16 04:55 PM Re: Calculating HPML Status on 6 month note mdog76
Norman Paperman Offline
Diamond Poster
Norman Paperman
Joined: Aug 2012
Posts: 1,659
48.934476, -114.343735
Use the 1 year term.
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Maybe you just wanna fly the plane yourself. Well good luck pressing take off, then auto pilot, then land.


CRCM

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#2067073 - 03/02/16 04:55 PM Re: Calculating HPML Status on 6 month note mdog76
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,958
Bloomington, IN
Yes. You base your comparison to the APOR based on a 1 year term. Refer to the Help section of the rate spread calculator.
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The opinions expressed are mine and they are not to be taken as legal advice.

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#2067094 - 03/02/16 05:19 PM Re: Calculating HPML Status on 6 month note mdog76
mdog76 Offline
Platinum Poster
Joined: Jan 2007
Posts: 645
Thank you.

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