Learn More - Click Here!

Thread Options
#2241862 - 09/01/20 03:20 PM NYS High Cost Test
Soccer Offline
Platinum Poster
Joined: Jan 2010
Posts: 989
Utopia
Just looking for clarification: I am reading part 41 (f) Total loan amount means the principal of the loan amount minus those points and fees as defined in subdivision (h) of this section that are included in the principal amount. I interpret this to mean the fees that are subtracted for section 32 are the same for NYS high cost?
_________________________
Everything happens for a reason

Return to Top
#2241949 - 09/02/20 07:26 PM Re: NYS High Cost Test [Re: Soccer]
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 74,768
Galveston, TX
That is how I would read that.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#2241952 - 09/02/20 08:17 PM Re: NYS High Cost Test [Re: Soccer]
Soccer Offline
Platinum Poster
Joined: Jan 2010
Posts: 989
Utopia
Thank you
_________________________
Everything happens for a reason

Return to Top