Skip to content
BOL Conferences
Learn More - Click Here!

New Reply
Post Icon
Smilies Insert Link Insert Email Link Insert Image Link Insert Media Tag List Bold Italic Underline Strike-through Spoiler Quote Font Color Fonts Font Size
Make textarea smaller
Make textarea bigger
Post Options

HTML is disabled.
UBBCode is enabled.
Poll Manager (Total Polls: 0)




In Response To:
Thread Starter: Anonymous
Title: Re: HELOC renewal

We don't make them refinance. We have a 5 year draw period that can be renewed for another 5 year period. No refi necessary. So no new TILA disclosures are provided because it does not replace the existing obligation but rather allows them to continue to use it as a LOC instead of entering the fixed repayment period.