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BankersOnline.com Forums Dodd-Frank Final Rules Discussions Ability to Repay/Qualified Mortgage Rule QM Determination
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#2177519 - 05/09/18 09:22 PM QM Determination
Baker Offline
Platinum Poster
Joined: Nov 2005
Posts: 792
Washington State
Wouldn't you need to base the QM determination on the final APR and fees? I have found a few that seem to be based on the Loan Estimate disclosed APR and fees not the final.

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Ability to Repay/Qualified Mortgage Rule
#2177532 - 05/09/18 11:31 PM Re: QM Determination Baker
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,370
Galveston, TX
Yes - it is all based on the final.
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