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#1355081 - 03/10/10 04:24 PM Redisclosing Early Disclousres
Lady Vols Fan Offline
Member
Joined: Jul 2009
Posts: 81
I know I have to redisclose if the APR changes outside of the tolerance limits but if the loan changes from a 5 year balloon to a 7 year ballon, does that require redislosing early or can that be redisclosed at closing?

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Lending Compliance
#1355203 - 03/10/10 05:37 PM Re: Redisclosing Early Disclousres Lady Vols Fan
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
You do not have to redisclose because the length to maturity changes - unless the APR changes outside of tolerance.
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David Dickinson
http://www.bankerscompliance.com

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