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#38602 - 10/24/02 01:38 PM Max Limit on HOEPA loans?
E.E.G.B Offline
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E.E.G.B
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the sandy shore
Just to make sure.... Is there a limit on the size of the loans that may be covered under Section 32? Several of the states limit it to a dollar amount or the conforming loan limit set by FNMA, but I do not see anything like that in Section 32. Anyone aware of an upper-end limit on Section 32 loans?
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Lending Compliance
#38603 - 10/24/02 02:04 PM Re: Max Limit on HOEPA loans?
Andy_Z Online
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I don't believe there is a cap, only the rate and points & fees test.
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