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#789826 - 08/06/07 02:34 PM Assumption on a Consolidation Loan
ComplyOhMy Offline
Platinum Poster
Joined: Dec 2005
Posts: 514
Lexington, Kentucky
I have a consumer loan that is a home equity loan to consolidate bills. On the Truth-in-Lending disclosure in the Fed Box there is an assumption disclosure. Would that be a violation?

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Lending Compliance
#789840 - 08/06/07 02:47 PM Re: Assumption on a Consolidation Loan ComplyOhMy
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 46,958
Bloomington, IN
No.
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The opinions expressed are mine and they are not to be taken as legal advice.

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