How would you handle this sernio... entering a loan into the LAR and it is a 2nd DOT for home improvements with APR 5.6870 for 36 months which gave the rate spread of 02.84?
Entering into the LAR it's giving the error message, lien status=2; therefore the rate spread must be in range greater or equal to 3.5% and less than or equal to 99.99% or NA.
So I just go ahead and make it NA for LAR Reporting, even though the rate spread print out attached to my HMDA Reporting sheet shows it as a rate spread of 02.84?